20th Apr 2015 15:18
LONDON (Alliance News) - Boxhill Technologies PLC Monday denied "online" speculation about a possible cash offer from Singapore-listed YuuZoo Corp Ltd after shares in the company jumped, saying there is no truth to the speculation.
The lottery and e-commerce company added that it is not in discussions with YuuZoo, a social e-commerce company, nor has it received an approach over a potential transaction. Boxhill didn't specify the source of the speculation.
A spokesperson for YuuZoo told Alliance News that YuuZoo also has no knowledge of the matter.
Shares in Boxhill are trading up 37% at 0.130 pence Monday afternoon, having risen to 0.14p earlier in the day.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Boxhill Technologies