28th Feb 2017 12:10
reach4entertainment enterprises plc
("r4e", 'the "Company" or the "Group")
Director declaration
r4e, the transatlantic media and entertainment marketing company, has been informed by Charlie Lycett, Non-Executive Director of the Company of the following disclosures required pursuant to Rule 17 of the AIM Rules for Companies:
· Now Technologies Limited, a Company to which Mr Lycett is a director, entered into a company voluntary arrangement ("CVA") on 30 November 2016 at which it was agreed that unsecured creditors totalling £189,392 would receive 50 pence in the pound for debts owed by Now Technologies Limited.
· Now Technologies (IP) Limited, a Company to which Mr Lycett is a director, entered into a CVA on 30 November 2016 at which it was agreed that unsecured creditors totalling £646,442 would receive 53 pence in the pound for debts owed by Now Technologies (IP) Limited.
· Musicqubed Ltd, a Company to which Mr Lycett is a director, entered into a CVA on 30 November 2016 at which it was agreed that unsecured creditors totalling £929,977 would receive 53 pence in the pound for debts owed by Musicqubed Ltd.
Enquiries:
reach4entertainment enterprises plc  | 
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David Stoller, Executive Chairman  | +44 (0) 20 7968 1655  | 
 Allenby Capital (Nominated Adviser and Broker)  | +44 (0) 20 3328 5656  | 
Jeremy Porter/James Reeve (Corporate Finance)  | 
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Katrina Perez/Kelly Gardiner  | 
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 Novella Communications (Financial PR)  | +44 (0) 20 3151 7008  | 
Tim Robertson Toby Andrews  | 
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