Vordere PLC Update on the acquisition of Brazilian properties (5277R)
30 October 2019 - 3:24AM
UK Regulatory
TIDMVOR
RNS Number : 5277R
Vordere PLC
29 October 2019
29 OCTOBER 2019
VORDERE PLC
("Vordere" or the "Company")
Update on shares in relation to the acquisition of Brazilian
properties
On 23 October 2019, the High Court of Justice granted Mr John
O'Donnell, a shareholder of the Company, an interim injunction to
the effect that, inter-alia, the Company is prohibited from
registering in its register of members any transfer of the
129,227,975 ordinary shares which were the subject of a purported
share allotment made on or around 21 October 2019 (the "Share
Allotments").
Full details of the RNS announcement from 21 October 2019 can be
found on the link below:
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/VOR/14274072.html)
The ordinary shares the subject of the Share Allotments were
purportedly allotted to the seller of certain properties to the
Company, namely Ritz Property Investimentos Imobiliarios Eireli,
and certain other parties, namely Aurora Capital Limited and
GFG-UK-Limited.
The Company will continue to update the market as this matter
progresses.
For further information, please contact:
Vordere PLC
Claire Jackson, Vistra Company Secretaries Limited
+44 (0) 117 918 1314
Peterhouse Capital Limited
Lucy Williams / Duncan Vasey
+44 (0)20 7469 0936
LEI number of Vordere PLC: 213800VALWEYWTLOX423
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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October 29, 2019 12:24 ET (16:24 GMT)
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