TIDMROC

RNS Number : 3687W

Rockpool Acquisitions PLC

31 July 2018

Rockpool Acquisitions Plc

("Rockpool" or "the Company")

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Final Results for the period ended 31(st) March 2018

Rockpool Acquisitions Plc announces its Final Report and Financial Statements the period 21 March 2017 to 31(st) March 2018.

The Chairman's Statement and full Report is attached.

http://www.rns-pdf.londonstockexchange.com/rns/3687W_1-2018-7-31.pdf

For more information about Rockpool, please visit http://www.rockpoolacquisitions.plc.uk

- Ends -

For further information:

 
 
   Rockpool Acquisitions Plc 
 Mike Irvine, Non-Executive Director                   Tel: +44 (0)28 9044 6733 
 Neil Adair, Non-Executive Director          http://rockpoolacquisitions.plc.uk 
 Richard Beresford, Non-Executive Chairman 
 
 
 Shard Capital (Broker) 
 Damon Heath / Eric Woolgar   Tel: +44 (0)20 7186 9952 
 
 
 Abchurch (Financial PR) 
 Julian Bosdet / Dylan Mark / Alejandra      Tel: +44 (0)20 7398 7741 
  Campuzano 
                                          Rockpool@abchurch-group.com

Notes to Editors:

Rockpool Acquisitions Plc, a Special Purpose Acquisition Company based in Northern Ireland, whose shares have been admitted to the Official List of the London Stock Exchange by way of a Standard Listing, was formed to undertake the acquisition of a company or business headquartered, or materially based in Northern Ireland with the valuation of up to GBP20 million. Once the first acquisition is completed, the Company may consider further complementary acquisitions.

Rockpool will focus on targeting an acquisition with the potential to grow to a substantial market capitalisation or, in due course, to be attractive to an industry or financial buyer. The objective of the Company following completion of an acquisition will be to inject additional capital to facilitate the expansion of that business.

The Directors are of Northern Irish origin and have over 60 years' combined experience of the local market. Between them they have considerable industry, acquisitions, legal, public markets and financial and operational experience, with good access to potential targets. The Directors believe that Rockpool's ability to provide access to significant amounts of additional capital will be the key element in being able to attract a suitable target for acquisition. It is likely that the acquisition, which Rockpool aims to make within twelve months of Admission, will be treated as a Reverse Takeover requiring the publication of a prospectus and an application to be re-admitted to the Official List of the London Stock Exchange.

Access to capital is a real issue for many fast-growing Northern Ireland businesses. The Directors believe that there will be a number of businesses attracted to the prospect of raising capital through a listed cash-shell vehicle and will actively approach Rockpool seeking a reverse takeover.

For more information about Rockpool, please visit http://www.rockpoolacquisitions.plc.uk

- Ends -

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

FR BUGDRLDXBGIB

(END) Dow Jones Newswires

July 31, 2018 11:29 ET (15:29 GMT)

Rockpool Acquisitions (LSE:ROC)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Rockpool Acquisitions Charts.
Rockpool Acquisitions (LSE:ROC)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Rockpool Acquisitions Charts.