CHA Concha

TIDMCHA

RNS Number : 2831Z

Concha plc

13 March 2017

Concha PLC

For immediate release

Miscellaneous

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

Update on Investment in Ve Interactive Limited and notice of Interim Results

Concha PLC (AIM: CHA), has been monitoring all the recent developments at its principal investment, Ve Interactive Limited ("Ve Interactive"), including the weekend press comment. The Company is in active dialogue with other major Ve Interactive shareholders about the proposed restructuring and associated funding plans for that business.

These discussions are ongoing and the Board will provide a more comprehensive update in the Chairman's Statement of our Interim Results, for the six months ended 31 December 2016, which will be released later this week.

For further information, please contact:

 
 Concha PLC 
  Chris Akers, Chairman             Chris.akers@srgplc.com 
 
   SPARK Advisory Partners 
   Limited (Nominated Adviser) 
   Sean Wyndham-Quin/Mark 
   Brady                               +44 (0)20 3368 3550 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 13, 2017 07:55 ET (11:55 GMT)

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