16th May 2016 07:50
LONDON (Alliance News) - Virtual reality content creator EVR Holdings PLC started trading in London on Monday after its reverse takeover by Armstrong Ventures PLC was completed.
Investment company Armstrong struck a deal in late April to acquire virtual reality products company MelodyVR Ltd. The deal was worth GBP5.1 million.
Following completion of the deal, Armstrong shares were cancelled and the combined business changed its name to EVR Holdings.
Armstrong Ventures shares were cancelled from trading on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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