Source - LSE Regulatory
RNS Number : 1917D
RC365 Holding PLC
19 June 2023
 

19 June 2023

RC365 Holding Plc

("RC365" or the "Company")

Share Price Movement

RC365 Holding Plc ("RC365"), a company focusing on payment gateway solutions and IT support, has noted the movement in the Company's share price.

The Company refers to the announcement made on 1 June 2023 whereby its Regal Crown Technology Limited ("Regal Crown"), signed a non-legally binding Memorandum of Understanding ("MoU") with Hatcher Group Limited ("Hatcher") for AI Development. Pursuant to this MoU Regal Crown and Hatcher intend to collaborate with each other to bring the possible implementation of AI solutions and other intelligent prediction algorithm models into the development and optimization of Regal Crown's proprietary applications, including applications with provision of digital wealth management solutions.

The Company announces that Regal Crown is working to finalise a legally binding contract with Hatcher and will make a further announcement if an agreement is signed.

For further information please contact:

RC365 Holding plc

Chi Kit LAW, Chief Executive Officer

T: +852 2251 1621

E: ir@rc365plc.com

Guild Financial Advisory Limited - Financial Adviser

Ross Andrews

T: +44 (0)7973 839767

E: ross.andrews@guildfin.co.uk

 

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