Angelfish Investments plc
LSE : ANGP

January 29, 2014 10:10 ET

Reduction of Share Capital and Preference Share Issue

TIDMANGP
29 January 2014
                                         ANGELFISH INVESTMENTS PLC
                                      ("Angelfish" or the "Company")

                                        Reduction of share capital
                                          Preference share issue
                                                     
The  Company  announces that following the general meeting held on 23 December 2013, the Capital  Reduction
was confirmed at the final Court hearing which took place on 29 January 2014.  The Capital Reduction, which
requires registration at Companies House of the relevant court order, together with a statement of capital,
is expected to take effect on or before 30 January 2014.

Following  the Capital Reduction, the Deferred Shares and the balance standing to the credit of  the  share
premium account of the Company will have been cancelled.  The Capital Reduction will be sufficient to write
off  the  entirety  of the deficit on its profit and loss account, and create a positive  balance  of  some
£330,000.   Following the Capital Reduction, there will be no change in the number of  Ordinary  Shares  in
issue.

The  Company announces that the Cumulative Redeemable Preference Shares of 10p each created at the  general
meeting  held  on  23  December 2013 will be available for issue from 31 January  2014.   The  Company  has
received  indications of interest in the Preference Shares.  Application will be made  for  the  Preference
Shares  to  be admitted to trading on the ISDX Growth Market and admission is expected to become  effective
around 24 February 2014.

THE DIRECTORS OF THE COMPANY ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT

                                                 --ENDS--

Enquires:

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

ISDX Corporate Adviser
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.

END

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