Rebootizer Group PLC
Rebootizer Group PLC: Funding update
Rebootizer Group PLC / Key word(s): Miscellaneous 16.08.2011 / 13:23 --------------------------------------------------------------------- Following the announcement of 22 July 2011 on raising further finance the Company is providing this update. The negotiations have been proceeding well and the proposed investors have conducted most of their due diligence. The Company is confident that a transaction will be completed which will be subject to shareholder approval. However, shareholders should note that the price at which the proposed investors are prepared to invest in the Company would value the Company at a substantial discount to the Company's current share price. This would entail therefore a heavy dilution of the current shareholders interests. There is no guarantee that the proposals which are currently under discussion will come to fruition and in the event that they do not, the Directors will have to consider what, if any, options are available. The Company hopes to be in a position to make a further announcement shortly. About Rebootizer Group plc Rebootizer Group is an independent, exchange listed company (ticker: R3T), in the international functional food market. The Group has distributor agreements for its detox shaker, rebootizer(R), in Europe, South America and the US.The ingredients of rebootizer(R) are known for both their antioxidant properties and digestive functions (anti-spasmodic, anti-inflammatory, liver-protective) granting a better digestion for food and drink consumption. ** END OF NEWS RELEASE ** 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 Rebootizer Group 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. Rebootizer Group plc, 2nd floor, 14 Hays Mews, London, UK www.rebootizergroup.com ISIN: GB00B6194J40; German Code: R3T; WKN: A1CU1Q Stock Exchanges: Frankfurt, Vienna, Xetra End of Corporate News --------------------------------------------------------------------- 16.08.2011 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 --------------------------------------------------------------------- 135855 16.08.2011
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