Fandango Holdings PLC Company Update (1497X)
25 Abril 2019 - 12:04PM
UK Regulatory
TIDMFHP
RNS Number : 1497X
Fandango Holdings PLC
25 April 2019
25 April 2019
Fandango Holdings Plc
("Fandango" or the "Company")
Termination of Talks on Potential Acquisition
Fandango Holdings plc, the investment company focused on the
industrial and services sectors, provides an update further to the
announcement of 19 December 2018 regarding the possible acquisition
of Konnect Mobile Communications Inc. ('Konnect' or the
'Acquisition').
Fandango is no longer in discussions with Konnect following the
failure to raise the required funding for the Acquisition. The
Company has incurred nominal costs during the due diligence
process.
Fandango continues to review other acquisition opportunities and
will look to provide the market with updates in due course.
ENDS
For further information visit www.fandangoholdingsplc.com or
contact the following:
Fandango Holdings plc
Charles Tatnall Fandango Holdings plc E: ctatnall@btinternet.com
Tel: +44 7930 445691
Financial PR
Isabel de Salis St Brides Partners Ltd E: info@stbridespartners.co.uk
Tel: +44 (0) 20 7236 1177
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END
UPDCKPDKPBKDDQB
(END) Dow Jones Newswires
April 25, 2019 11:04 ET (15:04 GMT)
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