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First Day of Dealings

12th May 2014 10:07

LIMITLESS EARTH PLC - First Day of Dealings

LIMITLESS EARTH PLC - First Day of Dealings

PR Newswire

London, May 12

Limitless Earth plc (the "Company") First Day of Dealings Limitless Earth plc, a rule 8 investing company, announces that it has joinedthe AIM market of the London Stock Exchange and dealings in its ordinary sharescommenced today at 8:00 a.m. under the ticker symbol "LME". The Company has raised £3,005,000 through the issue of 65,400,000 ordinaryshares at a price of 5p per share pursuant to a placing with new investors. Cairn Financial Advisers LLP is Nominated Adviser and Global InvestmentStrategy UK Ltd is broker in relation to the Admission. Use of Proceeds The funds raised will be used for working capital whilst the Board seekssuitable investments and, where applicable, acquisitions in line with theCompany's Investing Policy, details of which can be found on the Company'swebsite. The Company is focusing on opportunities built on `demographic trendinvestment' and plans to invest principally, but not exclusively, in sectorswhere changing demographic factors are important drivers of growth. TheDirectors believe such demographic factors create opportunities for businessesthat support the element of the global population which is geographicallymobile, expanding, becoming wealthier and living longer. The Board, through its extensive network of contacts, has identified a numberof potentially interesting investment opportunities, although formaldiscussions in respect of any of these opportunities have not yet commenced.The Company may be either an active investor and acquire control of a singlecompany or it may acquire non-controlling shareholdings. Therefore, theproposed investments to be made by the Company may be in either quoted orunquoted securities and made by direct acquisition of interest in companies,partnerships or joint ventures, or direct interests in projects and can be atany stage of development. Accordingly, the Company's equity interest in aproposed investment may range from a minority position to 100 per cent.ownership. The Board The Directors have extensive contact bases and, collectively, many years ofexperience in setting up, managing and growing businesses across a wide rangeof sectors including health and wellness, energy, media, real estate, finance,internet and leisure. In particular, Dominic White, a Director of the Companyhas experience in the investment sector working in private equity, investmentfunds management and advisory businesses in both the private and listedmarkets. Dominic White, Director of the Company, commented: "I am very pleased that the Company's shares have today been admitted totrading on AIM. The response from the new investors to the Placing was veryencouraging and the Board looks forward to growing the business on AIM andupdating shareholders on our progress." The Company's Admission Document can be found at: www.limitlessearthplc.com For further information please contact: Limitless Earth plc www.limitlessearthplc.comDominic White +44 7972 000 093 Cairn Financial Advisers LLP +44 20 7148 7900Nominated AdviserJo Turner/Liam Murray www.cairnfin.com Global Investment Strategy Limited +44 20 7048 9400BrokerJohn Gunn www.gisukltd.com

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Limitless Earth
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