Issue of Equity
19/04/2022 07:00
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RNS Number : 4769I S-Ventures PLC 19 April 2022
19 April 2022
S-VENTURES PLC
("S-Ventures" or the "Company")
Issue of Shares
S-Ventures, the Company investing in and growing exciting brands across the
natural, wellness and food-tech category, announced the completion of the
acquisition of Market Rocket Limited on 11 April 2022. In satisfaction of
the share element of the consideration, the Company has issued 2,142,857 new
ordinary shares to the vendors.
Application has been made for the 2,142,857 new ordinary shares to be admitted
to trading on AQSE which is expected to occur on, or around, 22 April
("Admission").
Following Admission of the new ordinary shares, the issued share capital of
the Company will be 119,802,943 Ordinary Shares. This figure may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interests in, or change to
their interest in, the Company under the FCA's Disclosure and Transparency
Rules.
For further information, please contact:
The Company +44 (0) 1932 400 224
Robert Hewitt (Chief Financial Officer)
Scott Livingston (Chief Executive Officer)
AQSE Corporate Adviser and Broker: +44 (0) 20 3005 5000
VSA Capital Limited
Andrew Raca/Pascal Wiese - Corporate Finance
Andrew Monk - Corporate Broking
IFC Advisory (Financial PR) +44 (0) 20 3934 6630
Graham Herring
Tim Metcalfe
Florence Chandler
About S-Ventures
S-Ventures is listed on UK AQUIS Exchange (Ticker Code "SVEN"). The Company
seeks to identify investment opportunities in the health & wellness,
organic food and wellbeing sectors within the UK and Europe, adding value by
providing capital and expertise to the target companies. The experience and
operational skills of the Board led by Scott Livingston (CEO) are intended to
act as an accelerator to smaller brands that have a solid foundation and
platform but may lack the skills and capital. The main objectives are to
cross-fertilise opportunities between the target companies and scale the
individual entities and look for exit opportunities and/or synergistic
collaborations through scaling we seek to create significant value for all
stakeholders. Since listing on AQSE in September 2020, the Company has
acquired significant interests in seven companies.
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