5th Mar 2025 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
5 March 2025
Sivota plc
("Sivota" or the "Company")
Potential Placing to raise c.£250,000
Sivota (LSE:SIV), the London-listed investment vehicle focused on later-stage technology companies, announces its intention to raise c.£250,000 to support the Company's general working capital requirements.
The Company intends to raise the funds through an issue of new ordinary shares in a placing targeting both existing and new shareholders (the "Placing"). The expected price per new ordinary share in the placing is 20 pence per share.
However, there can be no certainty that the Placing will be successful, nor the price at which any Placing can be successfully undertaken. Further announcements will be made in due course.
The Company remains committed to its existing buy and build growth strategy and as such is actively exploring potential acquisition opportunities and has recently made some progress in this regard.
However, there are no material developments to report at this stage and the Company will update investors as and when appropriate.
Enquiries:
Sivota PLC Tim Weller, Non-Executive Chairman Ziv Ben-Barouch, Chief Executive Officer
| via Vigo Consulting |
Canaccord Genuity Limited Alex Aylen - Head of Equities
| + 44 (0) 20 7523 8000 |
Vigo Consulting Jeremy Garcia | + 44 (0)20 7390 0230 |
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