Business
Update on Star Sanctum Event
Update on Star Sanctum Event.
About this update from Cindrigo Holdings Limited
[{"type":"text","content":"\n \nRNS Number : 3809L Challenger Acquisitions Limited 19 April 2018 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.\n \nFor Immediate Release \n 19 April 2018\nChallenger Acquisitions Limited\n(\"Challenger\" or the \"Company\")\n \nUpdate on Star Sanctum Event\n \nFurther to its agreement with Star Sanctum, a private UK company set to launch and operate film focused conventions (\"the Agreement\") (see initial announcement dated 7 November 2017), Challenger Acquisitions Limited (LSE: CHAL), the leisure and entertainment focused company, has been informed by Star Sanctum that the event scheduled in May 2018 has been cancelled due to inadequate ticket sales and a resulting cash deficit to fund the actors appearances.\n \nAs per the Agreement, Challenger provided a £100,000 loan to Star Sanctum to support the launch of its first convention in London. Following the cancellation of this event, Challenger will commence legal proceedings to realise on the personal guarantee for this loan as provided by Jane Lowther, the owner of Star Sanctum.\n \nFurther updates will be made in due course. \n \nThis announcement contains inside information.\n \n**ENDS**\n \nFor more information visit www.challengeracquisitions.com or enquire to: \n \n\n\n\n\nChallenger Acquisitions Limited\n\n\n\n\n\n\n\nMark Gustafson\n\n\n+1 604 454 8677\n\n\n\n\nSt Brides Partners Ltd (PR)\n\n\n\n\n\n\n\nLottie Wadham, Charlotte Page\n\n\n+44 (0)...