REG - Huddled Group PLC - Receipt of Loan Note

HuddledAnnouncement

01/03/2024 07:00

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RNS Number : 0625F  Huddled Group PLC  01 March 2024

1 March 2024

 

 

Huddled Group plc

(the "Company")

Receipt of Loan Note

 

Huddled Group plc (AIM:HUD), the group focused on building a portfolio of
e-commerce brands, is pleased to announce  that further to the announcement
on 1(st) March 2023 of the completion of the sale of the Immotion Location
Based Entertainment VR business ("LBE") , the Company has received  $1.325m
in settlement of the loan note (inclusive of interest) from Immotion, Inc, the
purchaser of LBE.

- Ends -

 

 Enquiries:

For further information please visit www.huddled.com/investors, or contact:

 Huddled Group plc                                    investors@huddled.com

 Martin Higginson

 David Marks

 Daniel Wortley

 Zeus (Nominated Adviser and Sole Broker)             Tel + 44 (0) 203 829 5000

 Nick Cowles, James Hornigold, Alex Campbell-Harris   (Investment Banking)

 Dominic King                                         (Corporate Broking)

 Alma Strategic Communications (Financial PR)         huddled@almastrategic.com

 Rebecca Sanders-Hewett

 Sam Modlin

 Kieran Breheny

 

 

 

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