Further Investment in Fresho Pty Ltd
Source: RNS
Primorus Investments plc
("Primorus" or the "Company")
Further Investment in Fresho Pty Ltd
Primorus Investments plc (AIM: PRIM) is pleased to announce that the Company has acquired an additional 539,642 ordinary shares in Fresho Pty Ltd ("Fresho") at a price of AUD$0.95 per ordinary share for total consideration of AUD$512,860 (approximately £268,000) its existing cash resources.
Following this investment, Primorus now holds 4,245,531 shares in Fresho, representing approximately 4.32% of Fresho's issued share capital on a fully diluted basis.
More information about Fresho can be found on its website: https://www.fresho.com/
In the year ended 30 June 2022, Fresho had turnover of AUD$2.6 million and made a loss of AUD$4.3 million.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
For further information please contact:
|
Primorus Investments plc Matthew Beardmore, Chief Executive Officer |
+44 (0)20 8154 7907
|
|
Nominated Adviser Cairn Financial Advisers LLP James Caithie / Sandy Jamieson |
+44 (0) 20 7213 0880 |
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.
