Smarttech247 - partial disposal
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your TOO notes
RGO is pleased to announce that it is has sold 4 million shares in Smarttech247 at a price of 19 pence per share, raising gross proceeds of circa £760,000. RGO still retains a shareholding of 3,642,161 shares or 2.9% of the company.
Philip Haydn Slater, Chairman, said:
"Whilst we remain very positive about our investment in Smarttech247 and this company's prospects, as previously announced, the Board is in the process of reviewing various options for the Company to provide better value and returns for its shareholders and so we have taken the opportunity to realise a profit and increase our level of cash resources to provide additional flexibility as part of this process."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.