BNN Technology PLC Change of FTSE Industry Classification Benchmark (7681Q)
02 December 2016 - 6:01PM
UK Regulatory
TIDMBNN
RNS Number : 7681Q
BNN Technology PLC
02 December 2016
2(nd) December 2016
BNN Technology plc
("BNN Technology" or the "Company")
Change of FTSE Industry Classification Benchmark (ICB)
BNN Technology plc (AIM: BNN), the London-listed Chinese
technology, content and services company, is delighted to announce
that FTSE Russell has confirmed that BNN's FTSE Industry
Classification Benchmark will change from "Gambling" (ICB Subsector
Code 5752) to "Internet" (ICB Subsector Code 9535).
The change in industry classification appropriately reflects
BNN's current business model and will be effective as of Monday 19
December 2016.
For further information, please contact:
BNN Technology
Scott Kennedy, Chief Financial
Officer
Strand Hanson Limited (Nominated +44 (0)156 587 2990
Adviser) +44 (0) 20 7409
Andrew Emmott / Ritchie Balmer 3494
Brunswick Group +44 (0)207 404 5959
Brian Buckley / Diana Vaughton
About the Group
BNN Technology plc is a Chinese technology, content and services
company that builds long-term partnerships to deliver China's
citizens with value-added services, content and evolving
opportunities.
Listed on AIM since 2014, the Group principally engages in
providing technology to partners to facilitate fulfilment of
payments online and on mobile apps through partnerships or
affiliate agreements with corporate and key government partners,
and, developing digital content, both online and mobile. Through
its partnership with Xinhuatong, BNN facilitates mobile payments
and other key services on the Xinhua News mobile app in 12
provinces in China. The Chinese consumer shift to 'life on mobile'
is only just beginning and BNN's platform technology enables urban
and rural communities across China to access exclusive content and
pay for more services online.
The Group employs nearly 300 professionals throughout China
This information is provided by RNS
The company news service from the London Stock Exchange
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December 02, 2016 02:01 ET (07:01 GMT)
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