REG - YOLO Leisure & Tech - Investment Update <Origin Href="QuoteRef">YOLO.L</Origin>

AsimilarAnnouncement

20/09/2017 15:08

RNS Number : 3319R
YOLO Leisure & Technology PLC
20 September 2017
YOLO Leisure and Technology plc
("YOLO" or the "Company")
Realised gains 
Yolo announces that it has sold 1,743,023 shares in GFinity (GFIN.L) for net proceeds of 445,357, crystallising a gain of 148,707 against the original cost of investment and a gain of 122,898 against the carrying value of these shares as at 31 March 2017. The Company continues to hold 400,000 shares in GFinity at a book value of 68,000.00. The Company currently has no immediate plans to dispose of the remaining shares. 
Yolo intends to use the net proceeds of the disposal for further investment opportunities.
YOLO Leisure and Technology plc
Simon Lee Robinson
simon.robinson@yoloplc.com
Cairn Financial Advisers LLP
Sandy Jamieson, Emma Earl
Tel: +44 20 7213 0880
Peterhouse Corporate Finance Limited(Sole broker)
Duncan Vasey / Lucy Williams
Tel: + 44 20 7220 9797
Walbrook PR Ltd
Tel: +44 20 7933 8787 oryolo@walbrookpr.com
Paul McManus
Mob: +44 7980 541 893
Sam Allen
Mob: +44 7884 664 686

This information is provided by RNS
The company news service from the London Stock Exchange
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