TIDMR4E

RNS Number : 0786Y

Reach4Entertainment Enterprises PLC

28 February 2017

reach4entertainment enterprises plc

("r4e", 'the "Company" or the "Group")

Director declaration

r4e, the transatlantic media and entertainment marketing company, has been informed by Charlie Lycett, Non-Executive Director of the Company of the following disclosures required pursuant to Rule 17 of the AIM Rules for Companies:

-- Now Technologies Limited, a Company to which Mr Lycett is a director, entered into a company voluntary arrangement ("CVA") on 30 November 2016 at which it was agreed that unsecured creditors totalling GBP189,392 would receive 50 pence in the pound for debts owed by Now Technologies Limited.

-- Now Technologies (IP) Limited, a Company to which Mr Lycett is a director, entered into a CVA on 30 November 2016 at which it was agreed that unsecured creditors totalling GBP646,442 would receive 53 pence in the pound for debts owed by Now Technologies (IP) Limited.

-- Musicqubed Ltd, a Company to which Mr Lycett is a director, entered into a CVA on 30 November 2016 at which it was agreed that unsecured creditors totalling GBP929,977 would receive 53 pence in the pound for debts owed by Musicqubed Ltd.

Enquiries:

 
 reach4entertainment enterprises 
  plc 
                                         +44 (0) 20 7968 
 David Stoller, Executive Chairman        1655 
 
   Allenby Capital (Nominated Adviser    +44 (0) 20 3328 
   and Broker)                            5656 
 Jeremy Porter/James Reeve (Corporate 
  Finance) 
 Katrina Perez/Kelly Gardiner 
 
   Novella Communications (Financial     +44 (0) 20 3151 
   PR)                                    7008 
 Tim Robertson 
  Toby Andrews

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDNEAAAPAEAXEFF

(END) Dow Jones Newswires

February 28, 2017 07:10 ET (12:10 GMT)

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