SPARK appointed as Financial and Nominated Adviser to Armstrong Ventures PLC

SPARK Advisory Partners Limited (“SPARK”) is pleased to announce it has been appointed as financial advisor and nominated adviser to Armstrong Ventures PLC (to be renamed EVR Holdings PLC.

Armstrong Ventures plc is an AIM listed company investing in the media, technology and healthcare sectors, which has announced that it has conditionally agreed to acquire MelodyVR Ltd, a company which has developed technologies, products and services that enable users to consume immersive virtual reality (“VR”) music experiences, for a total consideration of £5.12 million to be satisfied by the issue of New Ordinary Shares at 1.1p each. The Acquisition, if completed, will constitute a reverse takeover under the AIM Rules and as such is subject to the approval of Shareholders at the General Meeting of the Company to be held on 13 May 2016.