Business
CORPORATE ACTIVITY WITH VVV RESOURCES AND ACCOUNTS
CORPORATE ACTIVITY WITH VVV RESOURCES AND ACCOUNTS.
About this update from R8 Capital Investments Plc
[{"type":"text","content":"\n\n27 June 2025\n \nR8 CAPITAL INVESTMENTS PLC\n(\"R8\", or the \"Company\")\nUPDATE RE CORPORATE ACTIVITY WITH VVV RESOURCES AND ACCOUNTING MATTERS\n \nThe Company is pleased to note that the outstanding loan to loan note holders of the Company (\"R8 Note Holders'\"), amounting to £1,902,208 including capital and interest has been entirely discharged by the Company. Arrangements have been made for the R8 Note Holders' to receive their shares in VVV Resources Limited (currently being renamed \"VVV Sports Limited\") (\"VVV\"), pro rata to their individual holdings. The R8 Note Holders' have received in total 190,220,932 new ordinary shares in VVV, at a deemed price of £0.01 pence per share. The current bid price is £0.03 per share.\nIn consideration for the issuance of the R8 Note Holders' shares in VVV, the Company agreed to issue VVV with 2,619,782 Ordinary Shares in R8 Capital.\nFurther information can be found in the VVV Circular dated 13 May 2025.\nThe Company is currently working on it audited accounts to 31 December 2024 and its interim unaudited results to 30 June 2024. A further announcement will be made in due course and once the audited and interim announcements have been released, an application will be made to the Financial Conduct Authority for the restauration of the listing of the Company's ordinary shares.\n \n- ENDS -\n \nEnquiries:\n\n\n\n\nCompany\nJonathan Rowland / Richard Morecroft\n\n\[email protected]\n\n\n\n\n\n\n\n\n\n\nPeterhouse Capital Limited\nCorporate Broker\nDuncan Vasey\n\n\n+ 44 (0) 20 7469 0930\n\n\n\n\n \n \n \n \n\n","length":3371,"tagName":"div"}]