Gate Ventures PLC
Exchange of holdings through reverse split
Discontinuing ISIN: GB00BYX2WP92
New ISIN: GB00BH437C45
TICKER: GATE
Gate Ventures PLC
Press Release
January 23, 2019
Gate Ventures PLC
("Gate Ventures" or "Gate" or the "Company")
Exchange of holdings through reverse split
On the Annual General Meeting (AGM) in Gate Ventures PLC held on December 20, 2018, the decision of completing a reverse split in the ratio 77:1 was adopted which will have a processing date of February 21, 2019.
This means that shares in Gate Ventures PLC with a nominal value of GBP 0,0008 (GB00BYX2WP92) will be swapped to shares in Gate Ventures PLC with a nominal value of GBP 0,0616 (GB00BH437C45) according to the aforementioned split ratio.
Any remaining fractional shares from the reverse split will be retained by Gate Ventures PLC, seeing that the value of these remaining fractional shares will not exceed 7€.
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Further Enquiries:
Gate Ventures PLC (The Company): assistance@gateplc.com // +44 (0) 20 3150 2477
Keswick Global AG (Certified Adviser): info@keswickglobal.com // +43 1 740 408045
Rossen & Company ApS (Financial PR): nic@rossen.com // +45 2072 9972
About Gate Ventures PLC:
Gate Ventures PLC, a global media and entertainment operating company, was founded in 2015 to exercise active ownership of various production platforms within film, lifestyle and theatre. Governed by senior invest- ment profiles and prominent personas within the British entertainment sector, the board has raised over €28 million worldwide to date.
Since 2017, Gate Ventures PLC has been listed with NASDAQ First North in Copenhagen. Positions include Rise Art Ltd. (15%) Fagara in Mara, 2018 (10%), Theory of Ambitions, 2018 (2.5%), Bink (4%), Ensygnia (7%), PlayJam (25%), Infinity Creative Media (16%), 42nd Street (100%), Sunset Boulevard (100%) and Gate Reality (100%).
As of 2018, the executive board of Gate Ventures PLC is comprised of Lord Michael Ian Grade, Baron of Yarmouth (Chairman, CBE), Sarah, Duchess of York (Executive Director), Mr. Geoffrey Stanton Morrow (CEO), Mr. Michael Sidney Linnit (CSO), Mr. Richard James Carter (CFO, ACMA, CGMA) and Mrs. Anita Luu (COO).
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