Statement re share price movement

10 December 2015

The Board of Concha (AIM: CHA) notes the recent movement in its share price and makes the following statement. The Board is not aware of any press speculation which may have contributed to this recent volatility. Concha, as an investment company, is constantly reviewing multiple potential acquisition opportunities. Concha last updated the market on 23 September 2015 that discussions were on-going regarding a specific global opportunity within its investment scope. At the same time the Board undertook to update shareholders about further developments as appropriate.

The Board can confirm that discussions are continuing and the Board continues to focus on achieving the desired outcome for the benefit of shareholders. At present, there can be no guarantee that this investment will be successfully completed and the Board will update shareholders about further developments as appropriate.

 

For further information, please contact:

Concha plc
Chris Akers, Executive Chairman

chris.akers@srgplc.com
   
SPARK Advisory Partners Limited (Nominated Adviser)
Sean Wyndham-Quin / Mark Brady
+44 (0) 203 368 3550
   
Buchanan (Financial PR)
Mark Edwards
+44 (0) 207 466 5000

 

<< Back to press releases