HJ Liquid Assets plc
GXG : HJL

March 31, 2015 03:05 ET

HJ Liquid Assets Plc: First Day of Dealing and Issue of Debentures

FOR:  HJ LIQUID ASSETS PLC

GXG SYMBOL:  HJL

March 31, 2015

HJ Liquid Assets Plc: First Day of Dealing and Issue of Debentures

LONDON, UNITED KINGDOM--(Marketwired - March 31, 2015) -

The Directors of HJ Liquid Assets plc are pleased to announce that subject to the Offer of up to 3,700,000 3.0%
Bonds 2024, comprising Debentures of GBP 1 per unit nominal value, it has to date issued 1,100,000 Debenture
Units for a total of GBP 1,100,000.

Furthermore the Company's Debentures were admitted to trading on GXG's Main Quote market at 8.00am today.

HJ Liquid Assets was founded in order to invest in liquid assets that are readily convertible into cash (that
is within 30 days) by way of the issuance of a 10 year 3.0% bond.

The bond proceeds will be used for G10 intra-day currency trading, closed ended single stock arbitrage trading
and trading of liquid assets to include cash, foreign currency, money market mutual funds, government bonds and
other assets which can be converted into cash in a relatively short period of time.

Bond proceeds will be invested through the following mechanisms:

1. Funds will be held by a prime broker or a regulated platform under the name of HJ Liquid Assets plc and
traded by a regulated specialist trading company under a strict power of attorney that determines the types of
trades that can be placed.

2. Funds will be invested as secured debt into a company incorporated specifically for the purpose of allowing
the trading.

HJ Liquid Assets plc will be looking at utilizing the services of various individual traders, hedge funds and
private trading boutiques.

The 2024 Bonds currently offered are repayable on 31 December 2024 and are secured by a floating charge on the
assets of the Company.

The 2024 Bonds are being issued at a price of GBP 1 per unit; with a minimum subscription of GBP 2,500.

The 2024 Bonds carry a fixed coupon of 3.0% gross per annum payable annually to registered holders on 30 June.
A final pro rata interest payment will be made on the redemption date of 31 December 2024.

Further details are contained in the Company's admission document on the GXG website.

The Debentures will trade under the ticker 'GXG: HJL' and the Company's ISIN code is GB00BVY9T132.

The Directors of the Issuer accept responsibility for the contents of this announcement.

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FOR FURTHER INFORMATION PLEASE CONTACT:


Mark Stephen - CEO
HJ Liquid Assets plc
+44 203 651 8300

OR

GXG Corporate Advisor
Nick Michaels and Jon Isaacs
Alfred Henry Corporate Finance Limited
www.alfredhenry.com
+44 207 251 3762

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