ASLR Asimilar Group Plc

TIDMYOLO

RNS Number : 3319R

YOLO Leisure & Technology PLC

20 September 2017

YOLO Leisure and Technology plc

("YOLO" or the "Company")

Realised gains

Yolo announces that it has sold 1,743,023 shares in GFinity (GFIN.L) for net proceeds of GBP445,357, crystallising a gain of GBP148,707 against the original cost of investment and a gain of GBP122,898 against the carrying value of these shares as at 31 March 2017. The Company continues to hold 400,000 shares in GFinity at a book value of GBP68,000.00. The Company currently has no immediate plans to dispose of the remaining shares.

Yolo intends to use the net proceeds of the disposal for further investment opportunities.

 
 YOLO Leisure and Technology plc 
 Simon Lee Robinson                     simon.robinson@yoloplc.com 
 
 Cairn Financial Advisers LLP 
 Sandy Jamieson, Emma Earl                   Tel: +44 20 7213 0880 
 
 Peterhouse Corporate Finance Limited 
  (Sole broker) 
 Duncan Vasey / Lucy Williams               Tel: + 44 20 7220 9797 
 
 Walbrook PR Ltd                          Tel: +44 20 7933 8787 or 
                                               yolo@walbrookpr.com 
 Paul McManus                                Mob: +44 7980 541 893 
 Sam Allen                                   Mob: +44 7884 664 686 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 20, 2017 10:05 ET (14:05 GMT)

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