Innov8 Social Media PLC
Innov8 Social Media PLC: ACKNOWLEDGEMENT OF RECOMMENDATION
Innov8 Social Media PLC / Key word(s): Miscellaneous 07.02.2012 / 13:55 --------------------------------------------------------------------- London, United Kingdom It has been brought to the attention of the Directors of Innov8 Social Media plc ('Innov8' or the 'Company') that the Company's stock has been recommended by an investor research newsletter. The Company wish to make it clear that it did not initiate this research coverage and have no relationship with the newsletter. The Company has seen an increase in its share price since the start of the year which it feels is consistent with the positive trend in the social media sector as a whole due to recent significant developments and announcements by other companies currently undertaking IPO's, including Facebook, which has brought investor attention to the potential financial value of companies in the sector. Innov8 continues to be satisfied with its current portfolio and is in negotiations to make further pre-IPO investments, which the Management will announce to the market if concluded and successful. Following the announcement of the Frankfurt Stock Exchange and its change in rules, the Company has initiated discussions with advisors in order to have a prospectus written and approved, in order to qualify for the Entry Standard market. ** END OF NEWS RELEASE ** About Innov8 Innov8 Social Media Plc ('Innov8') is an active investor in social and digital media technologies, which was formed in 2011 to capitalise on a number of opportunities in this rapidly growing and dynamic market segment. The Company looks to grow its existing portfolio of assets which range across a number of subsectors including semantic web 3.0 solutions, social data analytics, e-commerce and social gaming. Innov8's vision is to become a globally recognised, market leading investment platform for young companies and emergent technologies in the social and digital media sectors. Innov8 Social Media Plc, 1 Kings Avenue, Winchmore Hill, London N21 3NA, UK www.inov8social.com or www.innov8socialmedia.com Stock Exchanges: Frankfurt, ISIN: GB00B7619Q46, Ticker: I8SM, WKN: A1JNWE Disclaimer This news release may contain certain forward-looking statements, expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the management of Innov8 Social Media Plc as of the date hereof, and actual results may vary based upon future events, both within and without the control of the management, including risks and uncertainties that could cause actual results to differ materially. Management does not take any responsibility to update the contents of this News Release in case new aspects arise or new conditions change the facts available. End of Corporate News --------------------------------------------------------------------- 07.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 155700 07.02.2012
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden