News blog

Limitless Earth

• BY: Andrew Hore |
• POSTED: 25/04/2014 |

Cash shell Limitless Earth is raising £3m to invest in businesses that will benefit from changing demographic factors. 

Limitless Earth (www.limitlessearthplc.com) says the initial focus will be Europe. The board includes Clear Leisure finance director Nilesh Jagatia and former Clear Leisure director Dominic White. White may still be a director of Aim-quoted Clear Leisure’s 69.5%-owned subsidiary Mediapolis and he has property investment experience. Jagatia is a former finance director of Media Corp, where founder shareholder Justin Drummond was also a director.

The existing shareholders appear to have paid the 5p a share placing price for their shares because the total valuation of the company is expected to be £3.25m.

Limitless Earth is expected to join Aim on 12 May.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFApril2014_55.pdf