Inactive Instrument

TMT Acquisition Plc

TMTA

GB00BN7DKC44

TMT Acquisition eyes "at least one" takeover opportunity

July 14, 2023 at 04:04 am EDT

TMT Acquisition PLC - London-based acquisition vehicle in technology, media and telecommunications sector - Reports pretax loss for financial year that ended on March 31 narrows to GBP60,087 from GBP101,532 the year before, as administrative expenses are reduced to GBP94,917 from GBP101,532. Total net assets as at March 31 amount to GBP4.7 million, down from GBP4.8 million the year before.

Chair Harry Hyman says: "We are proactively engaged with suitable targets and have identified at least one opportunity. We have been engaged with businesses within the TMT sector that are both disruptive digitally enabled media and technology businesses in the financial services and regulated sectors."

Current stock price: 18.50 pence each

12-month change: up 12%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about TMT Acquisition Plc

Belluscura plc completed the acquisition of TMT Acquisition Plc.	Mar. 07	CI
TMT Acquisition Delists from London Bourse	Mar. 07	MT
Belluscura to Launch Mandatory Acquisition of Remaining TMT Shares	Feb. 19	MT
Tmt Acquisition plc Announces Board Changes	Feb. 15	CI
AIM WINNERS & LOSERS: Belluscura shares up as wraps up TMT takeover	Feb. 09	AN
Belluscura Awaits AIM Admission of Shares to Declare TMT Acquisition Unconditional	Feb. 08	MT
Belluscura says all but one condition satisfied for TMT buy	Feb. 07	AN
Belluscura plc completed the acquisition of 89% stake in TMT Acquisition Plc for £4.7 million.	Feb. 01	CI
EARNINGS AND TRADING: Time Finance revenue up; Libertine loss narrows	Dec. 19	AN
Earnings Flash (TMTA.L) TMT ACQUISITION Posts Fiscal H1 EPS GBX0.04	Dec. 19	MT
TMT Acquisition Plc Reports Earnings Results for the Half Year Ended September 30, 2023	Dec. 19	CI
Belluscura agrees GBP5.8 million deal to buy TMT Acquisition	23-10-31	AN
Belluscura, TMT Acquisition Agree Terms for Possible All-stock Merger	23-10-25	MT
Belluscura, TMT Acquisition Shares Jump After Agreement on Key Terms of Potential Takeover	23-10-03	MT
Stocks red as rate rise fears continue to grow	23-10-03	AN
Belluscura & TMT shares up on takeover deal; Belluscura welcomes CFO	23-10-03	AN
TMT Acquisition Says Reached Deal For Offer For By Belluscura	23-10-03	RE
Belluscura plc entered into agreement to acquire TMT Acquisition Plc for £5.6 million.	23-10-02	CI
TMT Acquisition Appoints Paul Tuson as Non-Executive Director	23-09-26	CI
TMT Acquisition eyes "at least one" takeover opportunity	23-07-14	AN
Earnings Flash (TMTA.L) TMT ACQUISITION Posts FY23 Loss GBX-0.22	23-07-14	MT
TMT Acquisition Plc Reports Earnings Results for the Full Year Ended March 31, 2023	23-07-14	CI
TMT Acquisition loss widens; still interested in possible acquisition	22-11-23	AN
Earnings Flash (TMTA.L) TMT ACQUISITION Reports Fiscal H1 Loss GBP-0.00	22-11-23	MT
Earnings Flash (TMTA.L) TMT ACQUISITION Reports FY22 Loss GBX-0.01	22-07-26	MT

Chart TMT Acquisition Plc

Duration

Period

More charts

Company Profile

TMT Acquisition plc is a United Kingdom-based company that is engaged in the investment business. The principal activity of the Company is identifying and acquiring investment projects. The Company is formed to pursue opportunities to acquire businesses in the technology, media, and telecom sectors (TMT sectors). The Company is focused on acquiring various types of businesses, such as platform and marketplace businesses; technology enabled disruptive businesses; e-commerce businesses; and online business-to-business (B2B) and enterprise solutions businesses. The Company focuses on identifying opportunities within the TMT sector, focusing on disruptive digitally enabled media and technology businesses with an initial focus in the financial services and other regulated sectors. The Company primarily searches for acquisition opportunities for businesses in the United Kingdom, Europe, and the United States.

Sector

Investment Holding Companies

Calendar

2024-07-13 - Q4 2024 Earnings Release (Projected)

More about the company

Sector Shell Companies

	1st Jan change	Capi.
TRUMP MEDIA & TECHNOLOGY GROUP CORP.	+154.98%	6.1B
CHURCHILL CAPITAL CORP VII	+2.37%	982M
APPLE ISPORTS GROUP, INC.	+41.91%	872M
PERELLA WEINBERG PARTNERS	+26.00%	826M
ARES ACQUISITION CORPORATION II	+1.92%	666M
E7 GROUP	+3.23%	637M
DA ZHONG TRADING GROUP HOLDING COMPANY	-.--%	600M
ADMIRAL ACQUISITION LIMITED	+12.22%	524M
CAPITOL INVESTMENT CORP. VII	-.--%	500M

Shell Companies