Brief: Bidstack Says Group Trading In Line With 2022, 2023 Market Expectations

Bidstack

28/10/2022 07:42

Oct 28 (Reuters) - Bidstack Group PLC  BIDS.L :
    * BIDSTACK GROUP PLC  - UPDATE RE PRESS COMMENTARY
    * BIDSTACK GROUP PLC - AFTER ANNOUNCEMENT ON 5 OCTOBER 2022
OF
GROUP'S FUNDRAISE, BIDSTACK RECEIVED AN EMAIL FROM AZERION
REQUESTING CERTAIN INFORMATION
    * BIDSTACK GROUP PLC - AT A COMMERCIAL LEVEL, GROUP'S
ARRANGEMENTS
WITH AZERION CONTINUE TO BE OPERATED ON A 'BUSINESS AS USUAL'
BASIS BY BOTH PARTIES
    * BIDSTACK GROUP PLC - BIDSTACK HAS RESPONDED WITH DETAILED
INFORMATION DEMONSTRATING GROUP'S COMPLIANCE WITH ALL AREAS
IDENTIFIED.
    * BIDSTACK - TAKEN APPROPRIATE EXTERNAL LEGAL ADVICE AND HAS
CONCLUDED THAT AZERION HAS NO PRESENT ENTITLEMENT TO END ITS
AGREEMENT WITH GROUP
    * BIDSTACK GROUP PLC - THERE IS NO LITIGATION WITH AZERION,
AND
CONTRACT WITH AZERION CONTINUES TO OPERATE AS EXPECTED
    * BIDSTACK GROUP PLC - THERE IS NO LITIGATION WITH AZERION,
AND
CONTRACT WITH AZERION CONTINUES TO OPERATE AS EXPECTED.
    * BIDSTACK GROUP PLC - BELIEVES THAT COMPANY IS TRADING IN
LINE
WITH MARKET EXPECTATIONS FOR YEARS ENDED 31 DECEMBER 2022 AND
2023

Source text for Eikon:  ID:nRSb4301Ea 
Further company coverage:  BIDS.L 
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