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RNS Number : 4750S

Biome Technologies PLC

17 March 2021

 

REACH

17 March 2021

 

Biome Technologies plc

("Biome", the "Group" or the "Company")

Biome wins further funding for its biodegradable tree shelter project

 

Biome's Bioplastics division ( www.biomebioplastics.com ) announces that it has secured £248,000 via a further funding contract to complete the development phase and reach commercial production of its biodegradable tree shelter project. This follows the Company's successful completion of an initial feasibility study to develop and test a new generation of biodegradable tree shelters to be made from the Company's novel bioplastics.

This additional funding has come from the Government-backed Innovate UK agency as part of the Sustainable Innovation Fund (SBRI Phase 2) and will support a significant increase in project activity and facilitate further extensive laboratory testing of materials and UK-wide field trials with potential end-customers for the novel biodegradable tree shelters.

In the UK, around 45 million trees are planted each year, most of those using non-biodegradable tree shelters for protection, with an estimated 2,500 tons of persistent plastics ending up annually in the natural environment after use. Plans to significantly increase tree planting as part of the UK's drive to mitigate climate change will exacerbate these problems. This project aims to curb such unnecessary levels of plastic pollution with a product that biodegrades in-situ after use.

The project continues in close partnership with Suregreen, a leading manufacturer of tree shelters, whose team has broad experience in the manufacture and sales of such products. Suregreen will involve its forestry customers in product assessment of the biodegradable tree shelters.

Paul Mines, Biome Technologies' Chief Executive Officer, commented:

"This additional funding will help accelerate both the laboratory and 'real-world' testing of this exciting new product, moving it a step closer to large scale commercialisation."

Investors can find more details on this project's scientific approach and its future path to prospective commercialisation in a short video on the Bioplastics division's website: https://biomebioplastics.com/tree-shelter/ .

 

 

-Ends-

 

For further information please contact: Biome Technologies plc

Paul Mines, Chief Executive Officer

Rob Smith, Chief Financial Officer

[email protected]

Tel: +44 (0) 2380 867 100

www.biometechnologiesplc.com

 

Allenby Capital

David Hart/Alex Brearley (Nominated Adviser)

Kelly Gardiner (Sales and Corporate Broking)

Tel: +44 (0) 20 3328 5656

www.allenbycapital.com

 

About Biome

Biome Technologies plc is an AIM listed, growth-orientated, commercially driven technology group. Our strategy is founded on building market-leading positions based on patented technology and serving international customers in valuable market sectors. We have chosen to do this by developing products in application areas where the value-added pricing can be justified and are not reliant on government legislation. These products are driven by customer requirements and are compatible with existing manufacturing processes. They are market rather than technology-led.

The Group comprises two divisions, Biome Bioplastics Limited and Stanelco RF Technologies Limited.

Biome Bioplastics is a leading developer of highly-functional, bio-based and biodegradable plastics. The company's mission is to produce bioplastics that challenge the dominance of oil-based polymers.

Stanelco RF Technologies designs, builds and services advanced radio frequency (RF) systems. Dielectric and induction heating products are at the core of a product offering that ranges from portable sealing devices to large furnaces for the fibre optics markets.

 

www.biometechnologiesplc.com

www.biomebioplastics.com   and  www.thinkbioplastic.com  

www.stanelcorftechnologies.com

 

About Innovate UK's Sustainable Innovation Fund

Innovate UK, as part of UK Research and Innovation, is investing up to £191 million to fund single and collaborative research and development projects as part of the Sustainable Innovation Fund over the next two years. The aim of these competitions is to help all sectors of the UK rebuild after the effects of COVID-19.

The Sustainable Innovation Fund is funding 1,090 projects, almost 1200 UK businesses and totalling over £160 million in support across the UK.

 

About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

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For Immediate Release  12th March 2021

ROGUE BARON PLC

(“Rogue Baron” or “The Company”)

First Day of Dealing on AQSE Growth Market

Rogue Baron PLC (AQSE: SHNJ), a leading company in the premium spirit sector, is pleased to announce that share dealings in its ordinary shares of £0.001 each will commence on the Access segment AQSE Growth Market from 8am today under the ticker symbol SHNJ.

The Company has been admitted to the AQSE Growth Market following a successful placing of Ordinary Shares to raise £755,000 before expenses for the Company.

A total of 10,785,714 ordinary shares (representing 12.5% of the Company's issued share capital on Admission) were placed at 7 pence each, valuing Rogue Baron at a market capitalisation of £6.033m.

On admission, the Company will have 86,185,934 ordinary shares in issue.

Peterhouse Capital acted as broker to the IPO.

The purpose of the flotation is to raise the public profile of Rogue Baron and provide new funds for the Company's long-term growth strategy.

Ryan Dolder, CEO of Rogue Baron commented:

“Rogue Baron’s debut on the AQSE Growth Market is a major step forward in our corporate development and provides a strong foundation from which to execute our long-term growth strategy. We are delighted to have received such strong support from both institutional and retail shareholders, and look forward to providing regular updates on the exciting progress we expect in the Rogue Baron story.”

Introduction to Rogue Baron

Rogue Baron owns five subsidiaries, namely: Shinju Spirits, Inc., Shinju Whiskey LLC, Mazeray Corporation, STI Signature Spirits Group LLC and Legacy Retail Group LLC. Legacy Retail Group LLC owns the Company’s cocktail bar in Washington D.C.; Bin 1301.

The Company’s goal is to build each of its brands to the case sale threshold that makes them a buyout target.

The Directors of the Company accept responsibility for the contents of this announcement.

For further information, please contact:

The Company
Ryan Dolder – CEO
[email protected]

AQSE Corporate Adviser:
Peterhouse Capital Limited
Guy Miller    +44 (0) 20 7469 0936

AQSE Corporate Broker :
Peterhouse Capital Limited
Lucy Williams    +44 (0) 20 7469 0936

Investor Relations        +44 (0)7464 609025
[email protected]

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Neville Registrars is delighted to welcome AMTE Power plc as the newest addition to its list of client companies.

AMTE Power has been trading since 1997 and is a recognised brand in the production of high-quality lithium-ion batteries across a range of markets including automotive, aerospace, defence, oil & gas and energy storage.

Further information can be found on the Company's website: https://amtepower.com/

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Neville Registrars is delighted to welcome Rogue Baron Plc as the newest addition to its list of client companies.

Rogue Baron, as a diversified holding company in the premium spirit sectors, owns 5 subsidiaries: Shinju Spirits, Inc., Shinju Whiskey LLC, Mazeray Corporation, STI Signature Spirits Group LLC and Legacy Retail Group LLC. Amongst these, the Company owns trade marks registered in the United Stated, Singapore, Hong Kong and China.

Further information can be found on the Company's website: https://roguebaron.com/

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RNS Number : 0952R

Tracsis PLC

04 March 2021

 

4 March 2021 

 

Tracsis plc

("Tracsis" or "the Group")

 

North American Remote Condition Monitoring Contract Win

 

Tracsis, a leading provider of software, hardware, data analytics/GIS and services for the rail, traffic data and wider transport industries, is pleased to announce it has been awarded new contracts for the supply of Remote Conditioning Monitoring ('RCM') Hardware and Software to a major North American transit agency.

 

This win represents a strategically important milestone for Tracsis, as North America is an important future growth market for our Rail Technology & Services division.

 

The first contract win is the result of the successful delivery during 2020 of a Proof of Concept which was followed by an RCM equipment rollout across an initial four sites monitoring c.40 Switch machines. This new contract win includes the enterprise-wide installation of our Centrix data acquisition software platform and the extension to a further 10 sites of RCM equipment which will monitor an additional c.140 Switch machines.  Further phases of work across multiple additional sites could follow dependent upon the successful ongoing roll-out of this program of work.

 

The second contract win for the same client is to again supply switch monitoring via our hardware and Centrix platform for a further c.45 Switch machines through a strategic Signalling renewal and station upgrade project.

 

The combination of these two contracts will combine to give RCM for over 200 Switch machines for this client.

 

These new contract wins are expected to be delivered during the remainder of this financial year.

 

Chris Barnes, Chief Executive Officer, commented:

 

"MPEC Technology has a very strong market position in the UK rail industry as a leading supplier of RCM software and hardware. A key strategic objective of the Tracsis Group is to expand this business into North America and these new contract wins with a major transit agency are an important further step in building momentum towards this goal."

 

 

Enquiries:
Tracsis plc	Tel: 0845 125 9162
Chris Barnes, CEO
Andy Kelly, CFO
finnCap Ltd	Tel: 020 7220 0500
Christopher Raggett/Charlie Beeson, Corporate Finance
Andrew Burdis, Corporate Broking
Alma PR	Tel: 020 3405 0205
David Ison/Helena Bogle/Joe Pederzolli	[email protected]

 

 

 

Notes to editors: 

 

· Tracsis plc is a technology company and a leading provider of software and hardware products, data capture and data analytic/GIS services for the rail, traffic data and wider transport industries.

 

· Tracsis' products and services are widely used to increase efficiency, reduce cost and risk, improve operational and asset performance, improve safety management and decision making capabilities and improve the overall customer experience for clients and customers. 

 

· The Group is split into two principle operating areas built around detailed industry knowledge and expertise:

–   Rail Technology & Services:  Software and technology/product led business. Develops remote condition monitoring hardware, data acquisition software and safety and risk management software for rail infrastructure providers. Software that solves complex resource, asset optimisation and control problems for Train Operators and Smart Ticketing, Delay Repay and other retail software to improve the customer experience for rail users.

–   Data, Analytics, Consultancy & Events: A largely services led business that focuses on data capture, data analytics, GIS, data insights, consultancy and event traffic management within a range of transport and pedestrian rich environments.  The business provides technology/bespoke products and data that underpins large scale intelligent transport system and smart city planning and decision making.

 

· Tracsis has a blue-chip client base which includes all major UK transport owning Groups.  The business also works extensively with Network Rail, Train Operating Groups and Companies, the Department for Transport, TfL, multiple local authorities, major outdoor music and sporting event organisers, and a wide variety of large engineering and infrastructure companies.

 

· The business drives growth both organically and through acquisition and has made fifteen acquisitions since 2008.

 

· For more information on Tracsis please visit http://www.tracsis.com

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 [email protected] or visit www.rns.com.

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RNS Number : 2595Q

Trakm8 Holdings PLC

25 February 2021

 

25 February 2021

 

 

Trakm8 Holdings plc

('Trakm8' or the 'Group')

 

Contract Award and Trading Update

 

Trakm8 Holdings plc (AIM:TRAK), a leading telematics and data supplier to global markets, is pleased to announce that it has been awarded a long term contract to deploy over a 1,000 RH600 integrated telematics and cameras systems to The Parts Alliance Group.

 

Trakm8 will supply the full fleet management and driver behaviour solutions based on Insight, the Group's leading analytics and data platform.

 

 

Outlook

Revenue in the second half will be approximately 15% up on the first half, despite the second and third Covid-19 lock-downs which have had a significant adverse effect on our Insurance customers as a result of the temporary suspension of driving tests.  Full year revenue is expected to be approximately 20% lower than FY20, with Covid-19 compromising what would otherwise have been a year of growth.  This will result in a modest adjusted loss before tax broadly similar to last year.

 

Whilst disappointed that Covid-19 has pushed back the return to material growth by 12 months, the Directors are confident that the Group is well positioned to return to growth driven by its expanding Insurance customer base and continually improving Fleet sales team performance.

 

 

– Ends –

 

For further information:

Trakm8 Holdings plc
John Watkins, Executive Chairman	Tel: +44 (0) 167 543 4200
Jon Furber, Finance Director	www.trakm8.com
Arden Partners plc (Nominated Adviser & Broker)	Tel: +44 (0) 20 7614 5900
Paul Shackleton, Head of Corporate Finance	www.arden-partners.com

Simon Johnson, Head of Sales

 

About Trakm8

 

Trakm8 is a UK based technology leader in fleet management, insurance telematics, connected car, and optimisation. Through IP owned technology, the Group analyses data collected by its installed base of telematics units to fine tune the algorithms that are used to produce its solutions; these monitor driver behaviour, identify crash events and monitor vehicle health to provide actionable insights to continuously improve the security and operational efficiency of both company fleets and private drivers.

 

The Group's product portfolio includes the latest data and reporting portal (Trakm8 Insight), integrated telematics/cameras, self-installed telematics units and one of the widest ranges of installed telematics devices. Trakm8 has over 253,000 connections.

 

Headquartered in Coleshill near Birmingham alongside its manufacturing facility, the Group supplies to the Fleet, Optimisation, Insurance and Automotive sectors to many well-known customers in the UK and internationally including the AA, Saint Gobain, EON, Iceland Foods, Direct Line Group, LexisNexis and Ingenie.

 

Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005.

 

www.trakm8.com / @Trakm8

 

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

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Neville Registrars is delighted to welcome The Reputation Exchange plc as the newest addition to its list of client companies.

The Reputation Exchange is a UK Fintech, Social Media and Retail Company.

Further information can be found on the Company's website: https://therepx.com/

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Neville Registrars is delighted to welcome Low6 Limited as the newest addition to its list of client companies.

Low6 provides sports teams with a custom branded app to engage and activate their fanbase.

Further information can be found on the Company's website: https://low6.com/

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RNS Number : 8772O

Mode Global Holdings PLC

12 February 2021

 

Mode Global Holdings PLC

 

Mode officially launches its Android app and updates on January trading volumes

 

· Mode confirms launch of much-anticipated   Android app

· Android launch set to accelerate Mode's customer growth

· Trading volumes hit new high in January, 130% surge from December 2020

 

 

Mode Global Holdings PLC ("LSE:MODE") announces that it has officially  launched its much-anticipated Android app, expected to attract thousands of new customers over the coming weeks.

 

The new Android app, which offers the same core features as its existing highly-popular iOS version, enables customers to easily sign up, make free and instant GBP bank transfers and Open Banking top ups in British pounds, and start buying Bitcoin in just minutes. Thanks to Mode's popular Bitcoin Jar product, customers will also be able to get rewarded for holding their Bitcoin.

 

Janis Legler, Chief Product Officer at Mode, said: "After the initial launch of the Mode app on iOS, it quickly became apparent that we needed to release an Android version as soon as possible to satisfy the untapped demand from retail investors for our easy-to-use Bitcoin product. For the past few months, the engineering and design teams have been working really hard to deliver an experience that feels special on Android, yet still unmistakably Mode. We're excited that the time has finally come, and we couldn't be happier to be able to finally bring the Mode experience to everyone."

 

Mode has launched the UK's easiest and fastest way to buy, hold and grow Bitcoin, all in one place. The Mode app, which saw its customer numbers grow by 500% from August to December and ranked no2 in the App Store's UK finance category, has proven highly popular amongst first-time Bitcoin investors, as the app's simplicity and ease-of-use makes it perfect for those starting out their cryptocurrency journey.

 

Jonathan Rowland, Executive Chairman at Mode, said: "Releasing the Android app is a very exciting milestone for the development and expansion of Mode. We have estimated that Android users represent more than half of the cryptocurrency population, presenting a much wider market size to scale and the opportunity to significantly accelerate our user growth. Today marks another key step in our mission to provide investors with access to next-generation Bitcoin products. "

 

Mode reports that January was another record-breaking month in terms of Bitcoin traded on Mode, with volumes growing by more than 130% compared to December 2020. Since August, Mode's trading volumes have grown 110% month-on-month.

 

To celebrate the launch of Android, Mode is increasing its referral program fee from £10 to £20 for 30 days, which means users on both Android and iOS can invite their friends to Mode and earn £20 worth of Bitcoin each. T&Cs apply and are available via https://modeapp.com/referral-program-terms/ .

 

Ends

 

Contact

 

Maitland/AMO (PR): James Isola/Kate Pledger [email protected]

 

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

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RNS Number : 5860O

Immotion Group PLC

10 February 2021

 

Immotion Group plc

 

("Immotion", the "Company" or the "Group")

 

New Contract and Trading Update

 

Immotion Group, the UK-based immersive entertainment group, is pleased to announce it has signed a contract to provide a new Undersea Explorer VR Theatre at Clearwater Marine Aquarium in Florida, USA. This is expected to open in March 2021.

 

The immersive theatre will include interactive pre-show exhibits, as well as a 22-seat VR theatre where customers can enjoy the Group's "Swimming with Humpbacks" VR movie.  The installation will be part of the Aquarium's new Whales: "Living with Giants" exhibit.

 

Clearwater Marine Aquarium is one of the leading aquariums and marine life rescue and research facilities in Florida and was featured in the films Dolphin Tale and Dolphin Tale 2. The facility is dedicated to the rescue, rehabilitation and release of sick and injured marine animals, public education, conservation and research. With over 750,000 annual visitors historically, it has recently completed an $80m upgrade to its facilities and the Undersea Explorer VR Theatre will be a centrepiece of the new exhibit space. 

 

The installation will be focused on whales, including Immotion's interactive "Humpbacks Revealed" exhibit which allows guests to learn more about the amazing anatomy of these whales, as well as "Songs of the Sea" which gives guests a window into the humpback's mesmerizing vocalisations.  The pinnacle of the exhibit will be Immotion's amazing "Swimming with Humpbacks" VR movie, filmed in the Pacific Ocean off Tonga, the first motion-platform VR film to capture mother whales and their calves in their natural habitat. 

 

The Clearwater Marine Aquarium agreement allows for a 50:50 revenue share with the Partner, along with a monthly fee to Immotion to defray installation costs.  The contract will initially be for 12 months, with scope to extend including the addition of new content to refresh the experience for guests over time.

 

Locations in Florida are generally open to the public; though with safety precautions and related restrictions in place.

 

Location Based Entertainment ("LBE") – Update

 

U.S.A

 

In the USA, we have 23 Partner locations.  20 of these are open, with 18 operating our VR installations.  Two further partner locations remain closed completely and a further one partner site is mid renovation.

 

Trading at our operational USA aquarium partner sites is encouraging for the time of year and given the overall trading environment. 

 

Other USA non-aquarium partner sites are trading as expected given the level of restrictions in place and we look forward to those recovering further as and when restrictions are eased in the months ahead.

 

With regard to our site at Shark Reef Aquarium, Mandalay Bay, Las Vegas, a review of the current restrictions is due by the Nevada authorities on 15 February 2021 and given the fall in local Covid cases, the Company is hopeful the current 25% capacity restriction, which has significantly impacted short term revenues, may be relaxed to its pre-November levels and then upwards from there.

 

In terms of future developments, we have seen a significant uplift in enquiries from potential new partners and are in discussions in relation to a number of larger sites in the USA, in line with our stated strategy of focusing on fewer but higher traffic sites, which can support larger interactive installations, and which are a more integral part of the Partner offering.

 

UK

 

Whilst the UK LBE business (including our own ImmotionVR entertainment centres) is sadly still closed, we are hopeful that as progress is made with the UK vaccination programme, we will benefit at least from a strong summer of trading and would hope that we may even see some earlier easing of restrictions.  We believe that there will be considerable pent up consumer demand for out of home entertainment and the UK leisure market should benefit from a significant "staycation" season if it opens up for the summer.

 

Other Territories

 

Our installations at Sealife Sydney and Melbourne are open, and trading is picking up as Australia enters its summer season. In addition, the Company expects to open a Tower Coaster at the landmark Sydney Tower Eye in the next few weeks.

 

Conclusion

 

In conclusion, whilst our LBE business has experienced very challenging trading conditions as a result of the various lockdowns and restrictions, we are increasingly optimistic that as vaccine programmes take hold in the UK and USA, and as we move towards the summer in both countries, we will see a strong recovery. We believe that the longer-term prospects for our LBE business remain attractive.

 

As we stated in our end of year update on 23 December 2020, Q1 of this current year will be very challenging for obvious reasons and we are taking all steps we can, including using the UK furlough scheme and applying for further available USA government support, to mitigate the significant financial impact of restrictions caused by the pandemic. 

 

However, we believe there is cause for optimism looking forward and we will be well placed to benefit significantly from any easing of restrictions.

 

Let's Explore

 

Following the successful UK launch of the Let's Explore home entertainment business in Q4 2020, the Company sold over 11,000 units in the build-up to Christmas.  The quieter post- Christmas period has given us the ability to take a breath and focus on optimising the supply chain, which should see significantly reduced product cost and the opportunity to plan for growth.

 

Stock has been bought forward at sufficient scale to allow us to achieve a circa 40% reduction in product cost and this will support a USA launch of the Let's Explore Oceans product later this month. In addition, the product is now available on both UK Amazon and eBay marketplaces.

 

The Company believes there is a very significant opportunity for Christmas 2021 and, unlike 2020 where we launched the product at very high speed, we will have the ability to plan forward.  The focus is to have all operational, logistical and product elements in place to capitalise on the Christmas 2021 opportunity, as well as opening up new geographies in the meantime.  In addition, we plan to develop new genres as we move through the year.

 

Uvisan  

 

Sales of the UV cabinets continues to grow, with success in a number of sectors including education (schools and universities), film and TV production and businesses utilising VR headsets in both leisure and B2B applications.

 

The Company has invested proceeds from the sale of the UV disinfection cabinets into the creation of a proprietary ambient UV room disinfection system.

 

The new product uses UVC ultraviolet light, combined with a proprietary tablet driven, wireless control and safety system, to offer a simple to install and cost-effective room disinfecting system.

 

The new product has the ability to disinfect an un-occupied room and its surfaces in as little as ten minutes, making it ideal for both overnight use and particularly for rooms where rapid turnaround between user groups is required.  For example, it is ideal for school and university classrooms, offices, multi-user recording and post-production studios, operating theatres and laboratories to name but a few.

 

The system has been installed and tested in a University environment and is currently in the final certification process.

 

Along with the Uvisan UV disinfecting cabinets, the Company will be able to offer a range of products for safe and easy disinfection of rooms, surfaces and equipment and will look to scale up this activity through 2021, working with carefully selected partners.

 

 

Commenting on the agreement with Clearwater Marine Aquarium, Rod Findley, Group Commercial Director, Immotion Group plc said:

 

"We are absolutely delighted to be partnering with Clearwater Marine Aquarium on this milestone installation.  It is a signal that institutions are looking forward to the post-pandemic world and making bold steps to give their guests the newest and most exciting experiences.  We're honoured to be part of the first exhibit to go into the new $80m expansion at the aquarium. With Undersea Explorer operational in March, we will be well poised to take advantage of the Spring and Summer traffic."

 

"As capacity restrictions are lifted, we are confident our Location Based Entertainment business will recover quickly and return back to delivering solid revenues.

 

"As far as new partnerships go, we are very pleased with the level of inbound enquiries we are seeing for larger installations, a number of which we believe will come to fruition during this calendar year".

 

Enquiries:

 For further information please visit  www.immotion.co.uk , or contact: 

 

Immotion Group	Martin Higginson David Marks Rod Findley	Tel: +44 (0) 161 235 8505
WH Ireland Limited (Nomad and Joint Broker)	Adrian Hadden  Darshan Patel Matthew Chan	Tel + 44 (0) 207 220 1666
Shard Capital Partners LLP (Joint Broker)	Damon Heath Erik Woolgar	Tel: +44 (0) 20 7186 9900
Alvarium Capital Partners	Alex Davies	Tel: +44 (0) 207 195 1433

  (Joint Broker)

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019. Upon the publication of this announcement via Regulatory Information Service this inside information is now considered to be in the public domain.

 

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

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