The Company has today announced the Subscription of 12 million New Ordinary Shares at 15 pence per New Ordinary Share, by Versatel Co Limited, a company associated with Mr Boris Belotserkovsky, raising a total of ￡1.8 million (gross). The Subscription is conditional upon, inter alia, the Resolution being passed by Independent Shareholders at the General Meeting, and on Admission.
Update on Re-financing, Unaudited Results to 31 March 2014 and Share Suspension
In advance of further shareholder communication, the Board of SnackTime is updating the market today on the on-going re-financing negotiations and the unaudited results for the year ended 31 March 2014 and that the Company’s shares will be suspended from trading on AIM .
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Following the closure of its West Forest Gate head office, SnackTime plc's new registered office will be:
Unit 17, Rufus Business Centre
The franchise division of Snack in the Box, previously at West Forest Gate, will now be based from its warehouse at the following address:
Unit 7, Station Ind Estate, Oxford Rd, Wokingham, Berks. RG41 2YQ