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

RNS Number : 8272B
YOLO Leisure & Technology PLC
06 April 2017

YOLO Leisure and Technology plc

("YOLO" or the "Company")

Further investment into Audioboom

The Company announces that it has participated in the recent placing by Audioboom Group plc ("Audioboom"), one of its five investee companies. The investment is for a further 1,840,000 ordinary shares at 2.5p equating to 46,260. These shares bring the Company's total shareholding in Audioboom to 5,340,000 ordinary shares, and thereby reduces the blended price of YOLO's investment in Audioboom.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

YOLO Leisure and Technology plc

www.yoloplc.com

Simon Robinson

simon.robinson@yoloplc.com



Cairn Financial Advisers LLP


Sandy Jamieson, Emma Earl

+44 20 7213 0880



Peterhouse Corporate Finance Limited


Eran Zucker / Lucy Williams

+ 44 20 7469 0930

Walbrook PR Ltd

+44 20 7933 8787 or yolo@walbroookpr.com

Paul McManus/Sam Allen

+44 7980 541 893/+44 7884 664 686




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