7th Apr 2021 17:24
FastForward Innovations Ltd - investment firm - Says the sale of its investee company EMMAC Life Sciences Ltd to Curaleaf Holdings Inc has been completed. The company had conditionally agreed to sell its entire interest in EMMAC - comprising 6.7 million shares and a GBP750,000 convertible loan note - for GBP5.0 million in cash. The proceeds of the sale will be used to make further investments in accordance with the company's investing policy, it says.
Current stock price: 9.80 pence, up 6.0% on Wednesday
Year-to-date change: up 15%
By Evelina Grecenko; [email protected]
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