NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION OR TO ANY NATIONAL, RESIDENT OR CITIZEN THEREOF. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, ADVERTISING, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN THE LONDON TUNNELS PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY INVESTMENT DECISION IN RESPECT OF THE LONDON TUNNELS PLC.
31 October 2024
The London Tunnels PLC (the “Company”) today announces the appointment of Oberon Capital in the United Kingdom as its Financial Advisor and Corporate Broker in the UK. Furthermore, the Company announces that the publication of the annual report for the year ended 31 March 2024 (the “Annual Report 2024”) is delayed.
The London Tunnels PLC is pleased with the appointment of Oberon Capital in the United Kingdom as its Financial Advisor and Corporate Broker in the UK, bringing extensive expertise and a proven track record in guiding companies through strategic financial planning, market transactions, and capital raising. This partnership underscores the Company’s commitment to accelerating growth and creating value for shareholders and stakeholders. Oberon Capital is a trading name of Oberon Investments Limited.
Angus Murray, CEO of The London Tunnels: “Oberon Capital’s insights and dedicated support will be instrumental as we navigate our next phase of development and pursue new opportunities in the market. We look forward to working closely with Oberon Capital to drive forward our vision and achieve our business objectives.”
On 27 September 2024, the Company announced the delayed publication of its Annual Report 2024. As it requires more time to finalise the audit of the Company’s financial statements, the Company expects to publish the Annual Report 2024 based on KPMGs review process, including technical review, later this year. Following publication of the Annual Report 2024, the Company will convene the annual general meeting (“AGM”). The AGM will be scheduled 21 days after the notice has been given.
ABOUT THE LONDON TUNNELS
The Company was founded to preserve and transform the Kingsway Exchange Tunnels, built as part of the United Kingdom government’s strategy to protect its citizens from bombing during what became known as the London Blitz, into a major tourist attraction targeting up to 3 million visitors per year. The mile-long series of tunnels have been kept secret for nearly 70 years. Right in the centre of the London, one of the most visited cities in the world, the tunnels are envisaged to become the capital’s most spectacular underground tourist attraction, offering a combination of historical heritage experiences and a cultural, multi-sensory, digital experience. The Company is listed on Euronext Amsterdam under the ticker symbol TLT. For more information, please see: www.thelondontunnels.com
FOR MORE INFORMATION
CFF Communications
Uneke Dekkers
uneke.dekkers@cffcommunications.nl
+31(0)650261626
Tavistock (UK enquiries)
Jos Simson / Rebecca Hislaire
thelondontunnels@tavistock.co.uk
+44 (0) 20 7920 3150
IMPORTANT NOTICE
This press release may contain inside information within the meaning of Article 7(1) of Regulation (EU) 596/2014 (Market Abuse Regulation).
This press release does not constitute or form part of, and should not be construed as, an offer of securities nor a solicitation to make such an offer, in any jurisdiction. The press release neither constitutes investment advice or recommendation with respect to any securities of the Company, nor shall it or any part of it nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or investment decision. Any purchase of or subscription for securities of the Company shall be based solely on each investor’s own analysis of all public information, the assessment of risk involved and its own determination of the suitability of any such investment. No reliance shall be placed, and no decision shall be based, on this document.
The distribution of this document in some jurisdictions may be restricted by law and persons into whose possession this document comes should inform themselves about and observe any such restrictions. This press release is subject to, and should be viewed solely in conjunction with, all the publicly available information provided by the Company.
This announcement may include statements that are, or may be deemed to be, “forward-looking statements” including its financial targets and objectives relating to the business, financial performance, results of operations, financial condition, liquidity, prospects, growth and strategies and results of the Company and industry in which it operates. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms “believes”, “estimates”, “plans”, “projects”, “targets”, “anticipates”, “expects”, “intends”, “may”, “will”, “forecast” or “should” or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. No representation is made that any of these statements or forecasts will come to pass or that any forecast results will be achieved. Any forward-looking statements reflect the Company’s current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company’s business, results of operations, financial position, liquidity, prospects, growth and strategies. Forward-looking statements speak only as of the date they are made.
