TIDMR4E

RNS Number : 9039X

Reach4Entertainment Enterprises PLC

29 November 2017

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.

29 November 2017

reach4entertainment enterprises plc

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

Statement re press speculation

r4e, the transatlantic media and entertainment company, notes the recent press speculation and confirms that the Company is currently pursuing a potential fundraising via a placing of new ordinary shares in the Company and potentially at a discount to the current mid-market price per share.

There can be no guarantee that a placing will proceed and further announcements will be made as necessary.

Enquiries:

 
 reach4entertainment enterprises 
  plc                                 +44 (0) 20 7968 1655 
 Marc Boyan, Chief Executive 
  Officer 
 Allenby Capital (Nominated 
  Adviser and Broker)                 +44 (0) 20 3328 5656 
 Jeremy Porter/James Reeve 
 Novella Communications (Financial 
  PR)                                 +44 (0) 20 3151 7008 
 Tim Robertson/Toby Andrews

This information is provided by RNS

The company news service from the London Stock Exchange

END

SPCEAXFNAFLXFFF

(END) Dow Jones Newswires

November 29, 2017 12:18 ET (17:18 GMT)

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