Primorus Investments PLC Further Investment in Fresho Pty Ltd
05 Juin 2024 - 8:00AM
RNS Regulatory News
RNS Number : 1010R
Primorus Investments PLC
05 June 2024
Primorus Investments plc
("Primorus" or the "Company")
Further Investment in Fresho Pty
Ltd
Primorus Investments plc (AIM: PRIM) is pleased
to announce that the Company has acquired an additional 539,642
ordinary shares in Fresho Pty Ltd ("Fresho") at a price of AUD$0.95
per ordinary share for total consideration of AUD$512,860
(approximately £268,000) its existing cash resources.
Following this investment, Primorus now holds
4,245,531 shares in Fresho, representing approximately 4.32% of
Fresho's issued share capital on a fully diluted basis.
More information about Fresho can be found on
its website: https://www.fresho.com/
In the year ended 30 June 2022, Fresho had
turnover of AUD$2.6 million and made a loss of AUD$4.3
million.
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation and the Directors of the Company
are responsible for the release of this
announcement.
For
further information please contact:
Primorus Investments
plc
Matthew
Beardmore, Chief Executive
Officer
|
+44 (0)20 8154 7907
|
Nominated
Adviser
Cairn Financial Advisers
LLP
James
Caithie / Sandy Jamieson
|
+44 (0) 20 7213 0880
|
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END
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