TIDMFHP

RNS Number : 1497X

Fandango Holdings PLC

25 April 2019

25 April 2019

Fandango Holdings Plc

("Fandango" or the "Company")

Termination of Talks on Potential Acquisition

Fandango Holdings plc, the investment company focused on the industrial and services sectors, provides an update further to the announcement of 19 December 2018 regarding the possible acquisition of Konnect Mobile Communications Inc. ('Konnect' or the 'Acquisition').

Fandango is no longer in discussions with Konnect following the failure to raise the required funding for the Acquisition. The Company has incurred nominal costs during the due diligence process.

Fandango continues to review other acquisition opportunities and will look to provide the market with updates in due course.

ENDS

For further information visit www.fandangoholdingsplc.com or contact the following:

 
Fandango Holdings plc 
Charles Tatnall  Fandango Holdings plc   E: ctatnall@btinternet.com 
                                          Tel: +44 7930 445691 
 Financial PR 
Isabel de Salis  St Brides Partners Ltd  E: info@stbridespartners.co.uk 
                                          Tel: +44 (0) 20 7236 1177

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END

UPDCKPDKPBKDDQB

(END) Dow Jones Newswires

April 25, 2019 11:04 ET (15:04 GMT)

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