REG - Supply @ME Capital - SYME moves to SETS trading platform
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230502:nRSB1274Ya&default-theme=true
RNS Number : 1274Y Supply @ME Capital PLC 02 May 2023
2 May 2023
Supply@ME Capital plc
(the "Company", or "SYME")
SYME moves to SETS trading platform
SYME, the fintech business which provides an innovative fintech platform (the
"Platform") for use by manufacturing and trading companies to access Inventory
Monetisation© ("IM") solutions enabling their businesses to generate
cashflow, is pleased to advise that the trading of the Company's ordinary
shares of nominal value £0.00002 each ("Ordinary Shares") on the main market
for listed securities of London Stock Exchange plc (the "LSE") has
transitioned with immediate effect from the LSE's SETSqx (Stock Exchange
Electronic Trading Service: Quotes and Crosses) trading platform to its SETS
(Stock Exchange Trading System) trading platform.
The move is intended to provide investors with access to the entire SETS
platform, providing liquidity via traditional order book trades, as well as
from two-way quotes from market makers.
There shall be no change to the Ordinary Shares' existing ISIN GB00BFMDJC60,
Stock Exchange Daily Official List (SEDOL) code BFMDJC6 or Tradable Instrument
Display Mnemonic (TIDM) SYME.
Contact information:
Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com
MHP Group, SupplyME@mhpgroup.com
Notes:
SYME and its operating subsidiaries provide its Platform for use by
manufacturing and trading companies to access inventory trade solutions
enabling their businesses to generate cashflow, via a non-credit approach and
without incurring debt. This is achieved by their existing eligible
inventory being added to the Platform and then monetised via purchase by third
party Inventory Funders. The inventory to be monetised can include
warehoused goods waiting to be sold to end-customers or goods that are part of
a typical import/export transaction. SYME announced in August 2021 the launch
of a global IM programme which will be focused on both inventory in
transit monetisation and warehoused goods monetisation. This programme will be
focused on creditworthy companies and not those in distress or otherwise
seeking to monetise illiquid inventories.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCSSAFSEEDSEEI
- Announcement
- Announcement
- Announcement
- Announcement
- Announcement