Source - LSE Regulatory
RNS Number : 1917D
RC365 Holding PLC
19 June 2023
 

19 June 2023

RC365 Holding Plc

("RC365" or the "Company")

Share Price Movement

RC365 Holding Plc ("RC365"), a company focusing on payment gateway solutions and IT support, has noted the movement in the Company's share price.

The Company refers to the announcement made on 1 June 2023 whereby its Regal Crown Technology Limited ("Regal Crown"), signed a non-legally binding Memorandum of Understanding ("MoU") with Hatcher Group Limited ("Hatcher") for AI Development. Pursuant to this MoU Regal Crown and Hatcher intend to collaborate with each other to bring the possible implementation of AI solutions and other intelligent prediction algorithm models into the development and optimization of Regal Crown's proprietary applications, including applications with provision of digital wealth management solutions.

The Company announces that Regal Crown is working to finalise a legally binding contract with Hatcher and will make a further announcement if an agreement is signed.

For further information please contact:

RC365 Holding plc

Chi Kit LAW, Chief Executive Officer

T: +852 2251 1621

E: ir@rc365plc.com

Guild Financial Advisory Limited - Financial Adviser

Ross Andrews

T: +44 (0)7973 839767

E: ross.andrews@guildfin.co.uk

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
SPMZZGMVZLDGFZM
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Rc365 Holding PLC (RCGH)

+0.16p (+12.31%)
delayed 16:57PM