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Statement re share price movement

10th Dec 2015 15:19

RNS Number : 7051I
Concha plc
10 December 2015
 

10 December 2015

Concha PLC("Concha" or the "Company")

Statement re share price movement

The Board of Concha (AIM: CHA) notes the recent movement in its share price and makes the following statement. The Board is not aware of any press speculation which may have contributed to this recent volatility. Concha, as an investment company, is constantly reviewing multiple potential acquisition opportunities. Concha last updated the market on 23 September 2015 that discussions were on-going regarding a specific global opportunity within its investment scope. At the same time the Board undertook to update shareholders about further developments as appropriate.

The Board can confirm that discussions are continuing and the Board continues to focus on achieving the desired outcome for the benefit of shareholders. At present, there can be no guarantee that this investment will be successfully completed and the Board will update shareholders about further developments as appropriate.

Enquiries:

Concha PLC

[email protected]

Chris Akers, Executive Chairman

SPARK Advisory Partners Limited (Nominated Advisor)

+44 (0) 203 368 3550

Sean Wyndham-Quin / Mark Brady

Buchanan (Financial PR) +44 (0) 207 466 5000

Mark Edwards

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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