REG - Sivota PLC - Termination of Transaction Negotiations

SivotaAnnouncement

17/05/2024 09:45

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RNS Number : 9015O  Sivota PLC  17 May 2024

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK
‎VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH
LAW ‎BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED.
‎ UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY INFORMATION
SERVICE, THIS INSIDE INFORMATION IS ‎NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN.‎

17 May 2024

Sivota plc

("Sivota" or the "Company")

Termination of Transaction Negotiations

 

Sivota ( LSE:SIV ), the London-listed investment vehicle focused on
later-stage technology companies, announces that, concerning the signing of
the non-binding term sheet with a leading online technology platform operating
across the travel sector, as previously announced on 12 January 2024, the
negotiations have terminated and therefore, the signing of a definitive
agreement and associated fundraise will not be proceeding. The Company remains
committed to exploring further M&A activity and is evaluating its pipeline
opportunities.

 

 

For further information, please contact:

 

 Sivota PLC                                             via Vigo Consulting

 Tim Weller, Non-Executive Chairman

 Ziv Ben-Barouch, Chief Executive Officer

 www.sivotacapital.com (http://www.sivotacapital.com)
 Canaccord Genuity Limited                              + 44 (0) 20 7523 8000

 Bobbie Hilliam

 Vigo Consulting                                        + 44 (0)20 7390 0230

 Jeremy Garcia

 

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