Statement re restoration of trading and change ...
YOLO Leisure and Technology plc
(formerly "Pentagon Protection plc" )
("YOLO" or the "Company")
Restoration of Trading and Change of Name
Restoration of trading
Further to the announcement made on 11 July 2014, the Company is pleased to
announce that restoration of trading on AIM in the Company's shares is
scheduled to occur at 07:30 on Friday 18 July 2014.
Investing Company
The Company will be classified as an investing company pursuant to the AIM
Rules. The Company's investing policy is set out in the circular to
shareholders dated 24 June 2014.
Pursuant to AIM Rule 15 the Company will have to make an acquisition or
acquisitions which constitute a reverse takeover under AIM Rule 14 or otherwise
implement the investing policy approved at the general meeting to the
satisfaction of the London Stock Exchange within twelve months of becoming an
investing company, being 11 July 2015.
Change of name
The Company announces that its name has changed from Pentagon Protection plc to
YOLO Leisure and Technology plc. The Company's TIDM will change to YOLO from 18
July 2014 to reflect its new name.
Change of registered office
The Company's registered office has been changed to 18 Buckingham Gate, London,
England, SW1E 6LB.
Change of website address
The address of the Company's website has been changed to www.yoloplc.com.
Admission to AIM
Application has been made for admission to AIM for the 47,046,148 new Ordinary
Shares issued pursuant to the original Subscription announcement on 24 June
2014, the 36,557,683 new Ordinary Shares issued pursuant to the Second
Subscription announced on 15 July 2014 and the 7,257,116 new Ordinary Shares
issued in lieu of fees associated with the transaction. Admission is now
expected to take place on 22 July 2014.
--ENDS-
For further information please contact:
Pentagon Protection plc/ Yolo Leisure and Technology plc
Simon Robinson simonrobinsonYOLO@icloud.com
Cairn Financial Advisers LLP
Sandy Jamieson Tel: +44 20 7148 7900
Peterhouse Corporate Finance Limited (Sole broker)
Eran Zucker / Lucy Williams Tel: + 44 20 7469 0930
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.