Termination of Transaction Negotiations
Source: RNS
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
17 May 2024
Sivota plc
("Sivota" or the "Company")
Termination of Transaction Negotiations
Sivota ( LSE:SIV ), the London-listed investment vehicle focused on later-stage technology companies, announces that, concerning the signing of the non-binding term sheet with a leading online technology platform operating across the travel sector, as previously announced on 12 January 2024, the negotiations have terminated and therefore, the signing of a definitive agreement and associated fundraise will not be proceeding. The Company remains committed to exploring further M&A activity and is evaluating its pipeline opportunities.
For further information, please contact:
|
Sivota PLC Tim Weller, Non-Executive Chairman Ziv Ben-Barouch, Chief Executive Officer |
via Vigo Consulting |
|
Canaccord Genuity Limited Bobbie Hilliam
|
+ 44 (0) 20 7523 8000 |
|
Vigo Consulting Jeremy Garcia |
+ 44 (0)20 7390 0230 |
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