“This information is being disclosed in accordance with London Stock Exchange Alternative Investment Market Rule 26”
| Company official name : | Pine Ventures plc |
| Description : | The Directors intend to seek to acquire another company or business in exchange for the issue of Ordinary Shares in a single transaction. The Directors’ main investment criteria are that a suitable target would: l be trading in the software sector in the UK, Europe or North America; l have a business which requires little or no funding in excess of the cash resources available to the Company; and l have a business whose growth prospects, if achieved, will be earnings enhancing for Shareholders. However, these criteria are not intended to be exhaustive and the Company may make an investment which does not fulfil all of the investment criteria, if the Directors believe it is in the interests of Shareholders as a whole to proceed with such an investment. Any acquisition by the Company will be put to Shareholders for their approval at the appropriate time. |
| Investment strategy : | Software sector; US or Europe; Growth; Require limited capital |
| Country of Incorporation : | United Kingdom |
| Country of Operation : | United Kingdom |
| Company registration number : | 5315766 |