LocoSoco Group PLC announces transformative steps to strengthen its presence in the business landscape. Focusing on economic sustainability, the company is shifting toward service-based offerings to empower businesses and communities.
📅 Upcoming AGM
The Annual General Meeting (AGM) is scheduled for November 27th, 2023. This platform will allow stakeholders to gain insights into the company's progress and plans.
New Service Model
LocoSoco Group PLC will collaborate with partner organisations to deliver cost-saving solutions. These services include:
- Employee benefits
- Early pay access
- Energy contract optimisation
- Global talent acquisition via visa and recruitment partnerships
Updated Operating Model
A dynamic partnership model is being introduced, engaging introducers, influencers, network partners and businesses. Shared net revenue will reward these partners through:
- One-time commissions
- Residual commissions
- Potential equity incentives
Share Increase and Financial Update
LocoSoco Group PLC introduces a 600,000-share increase in share capital at EUR 0.10 per share which is currently being concluded and application for the inclusion of the new shares on the Vienna Stock Exchange will be made as soon as it has been made reflecting a commitment to growth and innovation from existing shareholders.
📊 Key Dates
- October 16th, 2023: Audit date for fiscal years ending May 2022
- November 30th, 2023: Results for fiscal year ending May 2023
CEO's Vision
"We are committed to sustainable growth, innovation, and shared success. Our transformation will make a positive impact on businesses and communities while enhancing shareholder value whilst significantly reducing our operations expenditure."
— James Perry, CEO
LocoSoco Group PLC is embracing change to create a future of sustainable growth.
Learn more at www.locoso.co
For media inquiries: locosoco@locoso.co