1 March 2024
Huddled Group plc
(the "Company")
Receipt of Loan Note
Huddled Group plc (AIM:HUD), the group focused on building a portfolio of e-commerce brands, is pleased to announce that further to the announcement on 1st March 2023 of the completion of the sale of the Immotion Location Based Entertainment VR business ("LBE") , the Company has received $1.325m in settlement of the loan note (inclusive of interest) from Immotion, Inc, the purchaser of LBE.
- Ends -
Enquiries:
For further information please visit www.huddled.com/investors, or contact:
| Huddled Group plc Martin Higginson David Marks Daniel Wortley
| investors@huddled.com |
| Zeus (Nominated Adviser and Sole Broker) Nick Cowles, James Hornigold, Alex Campbell-Harris Dominic King | Tel + 44 (0) 203 829 5000 (Investment Banking) (Corporate Broking)
|
| Alma Strategic Communications (Financial PR) Rebecca Sanders-Hewett Sam Modlin Kieran Breheny | huddled@almastrategic.com |
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