Shareholder update

RNS Number : 8064W

FastForward Innovations Limited

03 August 2018

 

For Immediate Release

3 August 2018

FastForward Innovations Limited

("FastForward" or the "Company")

Shareholder update

Further to the announcement by FastForward Innovations Limited (AIM: FFWD) earlier today, having received a large number of Shareholder views on the possibility of an Open Offer and also taking into account that the Placing Price represents a very small discount to the current market price of the Company's shares, the Board of FastForward wishes to confirm there will be not be an Open Offer or offer to Shareholders on the same terms as the Placing and it has no current intention of raising further funds at this price for the foreseeable future. We look forward to updating the market on our portfolio in due course.

For further information on the Company please visit www.fstfwd.co or contact:

FastForward Innovations Limited [e-mail] Sue Saunders / Ian Burns/Ed McDermott

Beaumont Cornish Limited (Nomad) James Biddle / Roland Cornish Tel: [phone]

Optiva Securities Limited (Broker) Jeremy King Tel: [phone]

DISCLAIMER

Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively as Nominated adviser to FastForward Innovations Limited and no one else in connection with the Placing and will not be responsible to anyone other than FastForward Innovations Limited for providing the protections afforded to clients of Beaumont Cornish Limited nor for providing advice in relation to the Placing. Neither Beaumont Cornish Limited nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Beaumont Cornish Limited in connection with this Announcement, any statement contained herein, or otherwise.

CAUTIONARY STATEMENT

The AIM Market of London Stock Exchange plc does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding potential values, the future plans and objectives of FastForward Innovations Limited. There can be no assurance that such statements will prove to be accurate, achievable or recognisable in the near term.

Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. FastForward Innovations Limited assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

 

END

 

 

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