Angelfish Investments plc

LSE : ANGP


May 21, 2014 10:12 ET

ISDX Application for Preference Shares

21 May 2014
                                                        
                                            Angelfish Investments Plc
                                                        
                                            ("ANGP" or "the Company")
                                                        
              Application for admission of up to £4,200,000 Cumulative Redeemable Preference Shares
                                                        

The  Company announces that it has applied to ISDX for up to £4,200,000 Cumulative Redeemable Preference  Shares
2021  ("Preference Shares") to be admitted to trading on the primary market for unlisted securities operated  by
ISDX ("ISDX Growth Market").

The  Preference Shares carry a preferential dividend rate equivalent to 7.1 per annum on the issue price  of  £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
www.angelfishplc.com.

The  Company's directors accept responsibility for the information contained in the Information Memorandum.   To
the best of the knowledge and belief of the Company's directors (having taken all reasonable care to ensure that
such  is  the case) the information contained in the Information Memorandum is in accordance with the facts  and
does not omit anything likely to affect the import of such information.

Application  has  been made for 68,000 Preference Shares to be admitted to trading on the  ISDX  Growth  Market.
Admission is expected to occur on or around 6 June 2014.

The directors of the Company take responsibility for this announcement.

                                                    --ENDS--

Enquires:

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

ISDX Corporate Adviser                                   
Cairn Financial Advisers LLP                             
Liam Murray/Carolyn Sansom                               +44 (0)207 148 7900
                                                         
Broker                                                   
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.

Contact Information

  • Angelfish Investments plc