Director Dealings

FLYING BRANDS LIMITED

("Flying Brands" or the "Company")

Director Dealings

Flying Brands announces that Trevor Brown, Director of the Company, has gifted, for nil consideration, £16,874 of convertible loan notes 2020 ("Convertible Loan Notes"), together with accrued interest, to Dr Balaji Ganeshan, Chief Technical Officer of Stone Checker Limited, the Company's subsidiary. The Convertible Loan Notes accrue interest of 6.75% per annum and are convertible at a price of £0.011, at any time up to 11 March 2018.

Following this disposal, Trevor and Free Books Associations Ltd (a company connected to Trevor) hold the remaining £196,926 Convertible Loan Notes. In addition, Free Association Books Ltd holds £100,000 of convertible loan notes issued pursuant to a loan note instrument dated 18 November 2015. 

 **ENDS**

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