- Reach4entertainment said it expects to report FY turnover in line with market views. The current expectation is that it will deliver FY EBITDA in the region of GBP1.6m to GBP1.8m.

It has been progressing discussions with equity investors who have been approached to raise the equity funding to enable the Company to fulfil its repayment obligations under the Agreement ("Equity Fundraising").

"The Company anticipates that it will be in a position to provide a further update shortly. Having received feedback from potential investors, the Company has been in discussions with AIB with regards to the variation of certain terms under the Agreement."

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