on VVV Resources Limited (isin : VGG9470B1004)
VVV Resources Limited Announces Strategic Changes and Capital Raise
VVV Resources Limited, listed on the Aquis Growth Market, has issued a comprehensive update detailing a scheduled Annual General Meeting (AGM) on June 9, 2025, potential strategic shifts, and a significant capital raise. The AGM is set to take place at the offices of Peterhouse Capital Ltd in London.
A major highlight is the £900,000 underwritten subscription by Campana Investments Limited involving 90 million new ordinary shares. This move aims to bolster the company's capital and facilitate a strategic pivot towards the sports and entertainment sectors, targeting emerging sports like Padel Tennis, Pickleball, and Beach Tennis.
The company also announced a proposed name change to VVV Sports Limited, reflecting its new investment direction. Concurrently, the resignation of Director David Ajemian was confirmed.
R. P.
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