Update re Ve Interactive Limited

26 January 2018

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

The Company notes the High Court ruling announced earlier this week where the Administrators to Ve Interactive Limited ("Ve"), were removed by the Court and replaced by Deloitte. It is too early to say what this may mean for our investment in Ve, if anything, but the Directors will closely monitor the situation and make further announcements as appropriate. The value of Concha's investment in Ve is currently fully impaired on the Company's balance sheet.

 

For further information, please contact:

Concha PLC
Chris Akers, Chairman

Chris.akers@srgplc.com

   
SPARK Advisory Partners Limited (Nominated Adviser)
Mark Brady/Andrew Emmott

+44 (0)20 3368 3550

 

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