Angelfish Investments plc

March 27, 2015 08:26 ET

Application for admission of a further GBP 91,790 Cumulative Redeemable Preference Shares ("Preference Shares")

27 March 2015
                                            Angelfish Investments Plc
                                            ("ANGP" or "the Company")
  Application for admission of a further GBP 91,790 Cumulative Redeemable Preference Shares ("Preference Shares")

The  Company is pleased to announce that it has issued a further 91,790 Preference Shares at a price of  GBP 1  
per Preference Share. The Preference Shares have today been admitted to trading on ISDX.  Warrants to subscribe  
for up  to  GBP 22,947.50 of Ordinary Shares at an exercise price of 0.35p per share (the offer price at  the  
time of issue  of  the Preference Shares) will be granted to the subscribers of the Preference Shares, pursuant  
to  the terms of the issue of the Preference Shares.

Following the admission of the 91,790 Preference Shares detailed above the Company will have a total of  398,988
Preference Shares in issue.

The  Preference Shares carry a preferential dividend rate equivalent to 7.1 per annum on the issue price  of  GBP 
1 per share ("Issue Price").

Warrants  will  be  granted to each investor on receipt of the subscription monies for their Preference  Shares.
The  Warrants  will entitle the investor to subscribe for Ordinary Shares an amount equal to up to  25%  of  the
amount subscribed by the investor for their Preference Shares.  The exercise price for each Warrant will be  the
offer  market price for an Ordinary Share (as derived from the ISDX Growth Market) on the date when subscription
monies from the issue of the relevant Preference Shares are received by the Company.  In each case, the Warrants
will be exercisable until 31 March 2021.

No application will be made for the warrants to be admitted to trading on ISDX Growth Market.

The  Information  Memorandum  providing  full details relating to  Preference  Shares  can  be  downloaded  from

The directors of the Company take responsibility for this announcement.



Angelfish Investments Plc                                
Andrew Flitcroft                                         +44 (0)7769 591096
Finance Director                                         

ISDX Corporate Adviser                                   
Cairn Financial Advisers LLP                             
Avi Robinson/Liam Murray                                 +44 (0)207 148 7900
SVS Securities Plc                                       
Kulvir Virk                                              +44 (0)203 700 0100

About Angelfish Investments plc

The  Company's Ordinary Shares are admitted to trading on the ISDX Growth Market in London. The Company has  the
ISDX trading symbol ANGP for its ordinary shares and the ISDX trading symbol ANGS for its preferences shares.

Contact Information

  • Angelfish Investments plc