Parsley Box Group PLC Update (0761E)
25 Ottobre 2022 - 5:15PM
UK Regulatory
TIDMMEAL
RNS Number : 0761E
Parsley Box Group PLC
25 October 2022
25 October 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN
ARTICLE 7 OF REGULATION (EU) NO 596/2014 OF THE EUROPEAN PARLIAMENT
AND OF THE COUNCIL OF 16 APRIL 2014 ON MARKET ABUSE (MARKET ABUSE
REGULATION) AS RETAINED AS PART OF UK LAW BY VIRTUE OF THE EUROPEAN
UNION (WITHDRAWAL) ACT 2018 AS AMENDED.
UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE
INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Parsley Box Group plc
("Parsley Box", the "Group" or the "Company")
Update
Parsley Box Group plc (AIM: MEAL), the direct to consumer
provider of ready meals and other products focused on the 65+
demographic, today announces that its Board (the "Board"), is in
the process of assessing the various potential sources of capital
available to the Company to fund its medium term growth plans. This
assessment includes consideration of whether the Company's status
as a publicly traded company continues to be in the interests of
shareholders as a whole. The Board currently consider that the
cancellation of trading in the Company's ordinary shares of one
penny each on AIM (a "Delisting") may provide greater opportunities
to raise any additional capital required by the Company in the
future. In its assessment, the Board will consider the interests of
the Company's shareholders as a whole and, in doing so, have regard
for its wider stakeholders.
Any such Delisting would be conditional on shareholder approval
and there can be no certainty that proposals for a Delisting will
be pursued by the Board at this time. The Board intends to continue
discussions with key stakeholders and a further announcement will
be made in due course.
The Board wishes to confirm that 2022 trading remains in line
with market guidance and the Company has cash reserves in excess of
GBP3.5m.
Enquiries:
Parsley Box
Holly McComb
Kevin Dorren Tel: 0131 608 1990
Email: invest@parsleybox.com
finnCap (Nominated Adviser and Broker)
Matt Goode / Charlie Beeson (Corporate
Finance) Tel: +44 20 7220 0500
Tim Redfern / Charlotte Sutcliffe (ECM)
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END
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(END) Dow Jones Newswires
October 25, 2022 11:15 ET (15:15 GMT)
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