LONDON, UK: Samarkand Group plc (AQSE:SMK), the consumer brand owner and cross border eCommerce distribution services group following its recent trading update, today announced the disposal of its long-established probiotics brand Probio7. “We are announcing the disposal of our probiotic brand Probio7, for a total consideration of £1.3m to be satisfied by initial consideration of…
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Samarkand Group has acquired Optimised Energetics Ltd
LONDON, UK: Samarkand Group plc (AQSE:SMK) announced the acquisition of the entire share capital of Optimised Energetics Ltd. Optimised Energetics Ltd owns natural health and healing brands Natures Greatest Secret and BeNatural and manufactures premium skincare on a contract basis for Napiers the Herbalist. This acquisition brings new on-profile, high growth and high potential brands…
Samarkand Group formally opens office in Tokyo, Japan
LONDON, UK: Samarkand Group plc, the cross-border eCommerce technology solution provider, announced the formal opening of its office in Tokyo, Japan. On 25th May 2021, the Company established Samarkand Global (Japan) KK based in Tokyo as its subsidiary to serve the Japanese market. Japan is the world’s 4th largest eCommerce market, and Japanese brands are…
Samarkand Group acquires Zita West and Babawest for a total of £2.414 million
LONDON: Samarkand Group plc has acquired the entire share capital of Zita West Products Limited and 51% of Babawest Ltd for a total consideration of £2.414 million to be satisfied by the payment of £1.914 million in cash and £500,000 by the issuance of 357,977 New Ordinary Shares in the capital of the company. Additionally,…
Samarkand Group commenced trading on Aquis Stock Exchange Growth Market
LONDON: Samarkand Group plc, the cross-border eCommerce technology and retail group, announced that admission of its ordinary shares of £0.01 to trading on the APEX segment of the Aquis Stock Exchange Growth Market (AQSE) commenced under the ticker SMK. The significantly oversubscribed fundraising, which was scaled up from the original £10.0 million target to accommodate…
Samarkand Group closes significantly oversubscribed fundraising
LONDON: Samarkand Group plc, the cross-border eCommerce technology and retail group, has raised £17 million in an over-subscribed fundraising, a news release said. On March 08, Samarkand Group announced its intention to apply for admission of its Ordinary Shares to trading on the Apex segment of the Aquis Stock Exchange Growth Market and that the…
Samarkand Group to raise £10 million by listing on Aquis Stock Exchange Growth Market
LONDON: Samarkand Group Limited, the cross-border eCommerce technology and retail group, expressed intention to apply for admission of its Ordinary Shares to trading on the Aquis Stock Exchange Growth Market. The Company is proposing to raise approximately £10 million by way of a placing to institutional investors and a subscription to qualifying investors. The Company…