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FHP - Fandango Holdings News Story

0.45p 0.0  0.0%

Last Trade - 20/11/18

Sector
Financials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 1800

BRIEF-Fandango Announces Possible Acquisition Of Konnect Mobile Communications

Wed 19th December, 2018 7:37am
Dec 19 (Reuters) - Fandango Holdings PLC  FHP.L :
    * POSSIBLE ACQUISITION AND SUSPENSION OF LISTING
    * SIGNED A NON-BINDING HEADS OF TERMS AGREEMENT TO ACQUIRE
ENTIRE
ISSUED SHARE OF KONNECT MOBILE COMMUNICATIONS INC
    * ACQUISITION, IF IT PROCEEDS, WILL CONSTITUTE A REVERSE
TAKEOVER
UNDER LISTING RULES 
    * ACQUISITION, IF COMPLETED, WOULD RESULT IN FANDANGO
SHAREHOLDERS
HAVING A MINORITY INTEREST IN ENLARGED GROUP 
    * REQUESTED THAT LISTING IN COMPANY'S ORDINARY SHARES BE
SUSPENDED
PENDING PUBLICATION OF A PROSPECTUS  

Source text for Eikon:  ID:nRSS8985Ka 
Further company coverage:  FHP.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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