Latest News

2024

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686

 

2023

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686

 

2022

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686

 

2021

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686

 

2020

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686

 

2019

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686

 

2018

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686

 

2017

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686

 

2016

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686

 

2015

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686

 

2014

Investment in TVPlayer Limited

21 August 2019

Further to the announcement made on 10 June 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has not received any offers of investment that would enable TVPlayer to continue its development. It is understood that the TVPlayer board is now seeking a buyer for the business as a going concern or any of its assets. However none of these discussions have yet reached a stage when a definitive offer has been made for the purchase of TVPlayer.

It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets. The board of YOLO has today made the decision on a prudent basis to write down to nil the value of its investments in TVPlayer which comprise 3.28 per cent. of TVPlayer's fully diluted equity share capital and £50,000 of convertible loan notes.  The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was £446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).

TVPlayer was spun out of one of YOLO's other investee companies, Simplestream Limited ("Simplestream"). Accordingly, YOLO's holding of TVPlayer equity shares was not acquired for an additional cash subscription. YOLO's only cash investment in TVPlayer was its subscription for £50,000 of convertible loan notes.

Simplestream is not affected by the TVPlayer sale process and it continues to develop its technology and is pursuing a number of commercial opportunities.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

YOLO Leisure and Technology plc  
Simon Lee Robinson [email protected]
   
Cairn Financial Advisers LLP  
Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880
   
Peterhouse Capital Limited (Sole broker)  
Duncan Vasey / Lucy Williams Tel: +  44 20 7220 9797
   
Walbrook PR Ltd Tel: +44 20 7933 8787 or  data-sf-ec-immutable="">
Paul McManus Mob: +44 7980 541 893
Sam Allen Mob: +44 7884 664 686