9th Nov 2021 06:51
TMT Acquisition PLC - seeking to buy technology, media and telecom businesses - Operating loss in period from March 25 to September 30 is GBP41,080, resulting in loss per share of GBP0.02. Loss is contained by minimal operating costs. Firm was incorporated in late March and listed on the London Main Market on October 11. At October 31, current assets were GBP4.8 million following GBP5 million raise in TMT's initial public offering.
Chair Harry Hyman says: "We are delighted with outcome of the listing and the support shown from institutional shareholders. In the short time we have been on the market we have already started evaluating a number of investment opportunities and look forward to updating shareholders with developments when appropriate."
Current stock price: 23.33 pence
Year-to-date change: up 3.1% since early October IPO
By Paul McGowan; [email protected]
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