Unaudited Interim Results for the six months ended 31 March 2018
08 May 2018
These results are available to
view and download in PDF format
Introduction and Key highlights
The Board is pleased to announce the Company's unaudited results for the six month period ending 31 March 2018. The key highlights during the period were:
- As at 31 March 2018 YOLO's Net Asset Value equates to 9.9p per ordinary share versus a share price of 4.75p as at 4 May 2018.
- On 2 January 2018 the Company invested an additional £50,000 into TVPlayer via a convertible loan note as part of a £2m fundraise from existing investors for further growth and progress.
- Investee company Magic Media Works has secured funding of £2m from existing shareholders and due to significant interest from external parties in its new ROXI product, has extended the current round to £2.5m.
On 28 March 2018 the Company restructured its share capital by consolidating its existing ordinary shares into 1 new share for 10 old shares and then splitting the new shares into new 0.01p ordinary shares and new 9.99p deferred shares.
For further information please contact:
|YOLO Leisure and Technology plc|
|Simon Lee Robinson||[email protected]|
|Cairn Financial Advisers LLP|
|Sandy Jamieson / Liam Murray||Tel: +44 20 7213 0880|
|Peterhouse Corporate Finance Limited (Sole broker)|
|Duncan Vasey / Lucy Williams||Tel: + 44 20 7220 9797|
|Walbrook PR Ltd||Tel: +44 20 7933 8787
or [email protected]
|+44 7980 541 893
+44 7884 664 686