Angelfish Investments plc

June 17, 2015 07:39 ET

Issue of Preference Shares

17 June 2015

                                              Angelfish Investments Plc
                                              ("ANGP" or "the Company")

          Application for admission of 54,129 Cumulative Redeemable Preference Shares ("Preference Shares")

The  Company  is  pleased to announce that it has issued a further 54,129 Preference Shares at a  price  of  £1  per 
Preference Share.  The Preference Shares have today been admitted to trading on ISDX.  Warrants to subscribe for  up
to £13,532.25 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 54,129 Preference Shares detailed above the Company will have a total  of  596,301
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
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