Sivota PLC Termination of Transaction Negotiations
17 May 2024 - 6:31PM
RNS Regulatory News
RNS Number : 9015O
Sivota PLC
17 May 2024
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
www.sivotacapital.com
|
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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