Monchhichi plc Update on Move to Standard List of the Main Market (9533Z)
December 20 2017 - 7:15AM
UK Regulatory
TIDMMCC
RNS Number : 9533Z
Monchhichi plc
20 December 2017
Immediate release 20 December 2017
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No 596/2014
Monchhichi Plc ("Monchhichi" or the "Company")
Update on Move to Standard List of the Main Market
As mentioned in previous statements, Monchhichi's plan is to
make a series of cohesive and meaningful acquisitions with clear
existing industry validation and (disruptive) growth trajectory in
the Technology, Media and Internet sectors.
On 22 September 2017, the Directors announced that they had
reached agreement on a comprehensive transaction with Sentiance, a
leading and proven private technology player in the exciting field
of artificial intelligence ("AI"), machine learning and behavioural
data science.
On 13 October 2017, the Company announced that it anticipated
its shares to be admitted to the Standard Segment of the Official
List and its admission to AIM contemporaneously cancelled. The
Company, in conjunction with its external advisors, is continuing
to progress the process and documentation to effect the
cancellation from AIM and move to the Standard Segment of the
Official List, and expects to be able to communicate a definitive
timetable during January 2018.
Market Abuse Regulation
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
For further information:
Buchanan (Financial communications)
Richard Oldworth / Henry Harrison-Topham Tel: +44 (0)20 7466
/ Catriona Flint 5000
monchhichi@buchanan.uk.com www.buchanan.uk.com
Enquiries: Tel: +44 (0)20 7886
Panmure Gordon (Nominated 2500
Adviser and Broker)
Dominic Morley / Alina Vaskina
Notes to the editors:
Monchhichi (MCC.L) is a UK quoted company that focusses on
making conviction investments / acquisitions in people,
organisations and outstanding businesses with proven track records,
industry validated market positions and clearly visible disruptive
growth opportunities in the Technology, Media and Internet space
globally. For more please visit www.monchhichi.life
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLLFLFFILIFID
(END) Dow Jones Newswires
December 20, 2017 07:15 ET (12:15 GMT)
Monchhichi (LSE:MCC)
Historical Stock Chart
From Jul 2024 to Aug 2024
Monchhichi (LSE:MCC)
Historical Stock Chart
From Aug 2023 to Aug 2024