Business
Lifting of Share Suspension
Lifting of Share Suspension.
About this update from Advancedadvt Ltd.
[{"type":"text","content":"\n \n \n \n RNS Number : 2332H\n Advancedadvt Limited\n 05 April 2022\n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.\n \n \n NOTHING IN THIS ANNOUNCEMENT OR THE PROSPECTUS CONSTITUTES AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY TERRITORY.\n \n \n AdvancedAdvT Limited\n \n \n (\"AdvancedAdvT\" or the \"Company\")\n \n \n Lifting of Share Suspension, Strategic Overview, Net Asset Value and Net Cash Position\n \n \n \n \n Lifting of Share Suspension\n \n \n \n Following the publication of the Prospectus on 31 March 2022, the Company is pleased to announce that the suspension of the Company's ordinary shares will be lifted and trading will recommence at 8.00 a.m. today.\n \n \n Strategic Overview \n \n \n The Company was formed to seek and identify situations where a merger of management expertise, improving operating performance, freeing up cashflow for investment and implementation of focused investment and M&A strategy can unlock growth in their core markets and often into new territories and adjacent sectors.\n \n \n The Company's objective is to generate attractive long term returns for shareholders and to enhance value by supporting sustainable growth, acquisitions and performance improvements within the acquired companies.\n \n \n Over the last 25 years companies across all sectors have increasingly adopted new digital technologies to optimise business processes and operations. Implementing these new technologies has become central to driving cost efficiencies and gaining a competitive advantage in a digital world, where sectors and businesses with the highest level of digitalisation display the largest productivity growth.\n \n \n Despite the opportunities presented by digitalisation, pre-Covid-19 adoption of new technologies by businesses and consumers was in part restricted by the reticence of companies to invest in digital strategies and adopt new systems and technologies.\n \n \n The global restrictions caused by Covid-19 have helped to break down these barriers and forced bus...