Angelfish Investments plc

August 05, 2014 02:00 ET

Issue of Preference Shares

                                               Angelfish Investments Plc

                                               ("ANGP" or "the Company")

     Application for admission of a further £139,198 Cumulative Redeemable Preference Shares ("Preference Shares")     

The  Company  is  pleased  to  announce that it has issued  a further 139,198 Preference Shares at a  price of  £1  per
Preference  Share.  The  Preference Shares  will be admitted to trading ISDX  on or around  5 August 2014.  Warrants to
subscribe for up to £34,799.50 of Ordinary 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  139,198  Preference Shares  detailed above the  Company will have a total of  257,198
Preference Shares in issue.

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

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
Liam Murray/Carolyn Sansom                       +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