Innov8 Social Media PLC
- WKN: A1JNWE
- ISIN: GB00B7619Q46
- Land: Großbritannien
Nachricht vom 07.02.2012 | 13:55
Innov8 Social Media PLC: ACKNOWLEDGEMENT OF RECOMMENDATION
Innov8 Social Media PLC / Key word(s): Miscellaneous
07.02.2012 / 13:55
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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
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