Milamber Ventures Plc

January 27, 2016 09:34 ET

AGM Statement

                                                                                            27 January 2016

                                           Milamber Ventures plc
                                       ("Milamber" or the "Company")
                                               AGM Statement

At  the  AGM  of  Milamber  (ISDX: MLVP), held earlier today, the Board is pleased  to  announce  that  all
resolutions were duly passed.

Andy Hasoon, Chairman of Milamber, made this statement to shareholders:

"It  is  with  great  pleasure that I have this opportunity to update our shareholders with  the  excellent
progress the Company has made over the past year. Our strategy is to find exciting new innovative companies
around the world, who we invite into our community and offer them guidance on best business practice, while
helping them with their funding needs to accelerate the growth of their businesses.

"We  have  formed  a  number of new relationships with such companies, including Enswarm,  Knowledgemotion,
White  Cobalt  and  most recently, MusIT in January of this year. Additionally we have formed  a  strategic
partnership  with  the  Hatch  Group, a New York based media, education and publishing  company,  which  is
working with us to facilitate better access for our Portfolio Companies into the important US market.

"We  continue  to  work closely with the UK and European grants community, which has allowed  us  a  better
chance  of  securing  this  vital funding option for our Portfolio Companies. We  are  also  utilising  our
business network to access capital in more traditional areas and will continue to perform this service  for
our client network.

"It  is  our  intention that we use 2016 to bring on board more of these fast growing innovative companies,
providing them with our expert knowledge and market access, simultaneously growing Milamber itself  into  a
highly  desirable  UK  listed company, which will be able to provide returns to its own  loyal  shareholder
base. It is with this in mind that I thank our shareholders for their ongoing support."

The Directors of the Company accept responsibility for this announcement.



Milamber Ventures plc
Andy Hasoon
T: 07768 875 681

Peterhouse Corporate Finance Limited (ISDX Corporate Adviser)
Mark Anwyl and Fungai Ndoro
T: 020 7469 0930

Cadogan Leander (Financial PR)
Christian Taylor-Wilkinson
T: 07795 168 157

Contact Information

  • Milamber Ventures Plc