Subscription Agreement.


    27 May 2025 16:02:05
  • Source: Sharecast
RNS Number : 2825K
Jade Road Investments Limited
27 May 2025
 



 

JADE ROAD INVESTMENTS LIMITED

("Jade Road Investments", "JADE" or the "Company)

Subscription Agreement

 

Jade Road Investments Limited ("Jade Road" or the "Company"), an Investing Company quoted on AIM, advises that further to its announcement on 6 May 2025 regarding a subscription agreement with Verus Financial Services Limited ('Verus') for £1 million that the subscription has not yet closed pending receipt of funds. The Company has been in detailed discussions with Verus regarding the timing of the likely completion of their subscription and has received assurances that the  funds will be remitted in the near future.

 

A further update on the closing and the admission date to Aim for the new shares will be provided once funds have been received.

 

 

For further information, please contact:

 

Jade Road Investments Limited

 

+44 (0) 778 531 5588

John Croft

 

Zeus - Nominated Adviser

 

+44 (0) 203 829 5000

James Joyce / Andrew de Andrade

 

Hybridan LLP - Broker

 

 +44 (0) 20 3764 2341

Claire Louise Noyce

 

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDPKOBKPBKDKPB

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.