REG - R8 Capital Inv. PLC - CORPORATE ACTIVITY WITH VVV RESOURCES AND ACCOUNTS

R8 Capital InvestmentsAnnouncement

27/06/2025 07:00

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RNS Number : 6182O  R8 Capital Investments PLC  27 June 2025

27 June 2025

 

R8 CAPITAL INVESTMENTS PLC

("R8", or the "Company")

UPDATE RE CORPORATE ACTIVITY WITH VVV RESOURCES AND ACCOUNTING MATTERS

 

The Company is pleased to note that the outstanding loan to loan note holders
of the Company ("R8 Note Holders'"), amounting to £1,902,208 including
capital and interest has been entirely discharged by the Company. Arrangements
have been made for the R8 Note Holders' to receive their shares in VVV
Resources Limited (currently being renamed "VVV Sports Limited") ("VVV"), pro
rata to their individual holdings. The R8 Note Holders' have received in total
190,220,932 new ordinary shares in VVV, at a deemed price of £0.01 pence per
share.  The current bid price is £0.03 per share.

In consideration for the issuance of the R8 Note Holders' shares in VVV, the
Company agreed to issue VVV with 2,619,782 Ordinary Shares in R8 Capital.

Further information can be found in the VVV Circular dated 13 May 2025.

The Company is currently working on it audited accounts to 31 December 2024
and its interim unaudited results to 30 June 2024. A further announcement will
be made in due course and once the audited and interim announcements have been
released, an application will be made to the Financial Conduct Authority for
the restauration of the listing of the Company's ordinary shares.

 

- ENDS -

 

Enquiries:

 Company                                info@r8plc.com

 Jonathan Rowland / Richard Morecroft

 Peterhouse Capital Limited             + 44 (0) 20 7469 0930

 Corporate Broker

 Duncan Vasey

 

 

 

 

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