Issue of Equity

28 April 2014

Toumaz Limited

Issue of Equity in relation to Deferred Consideration

Toumaz Limited (AIM: TMZ, 'Toumaz', or 'the Company') announces that pursuant to the terms of the Acquisition Agreement (as defined in the Company's announcement of 3 July 2012), Toumaz has issued 2,631,920 new ordinary shares of 0.25p each ("Ordinary Shares") in settlement of deferred consideration due under the Acquisition Agreement.

The Company has applied for these 2,631,920 new Ordinary Shares ("New Shares") to be admitted to trading on AIM, which is expected to occur on 29th April 2014.

Following the admission to trading of the New Shares, Toumaz will have a total issued share capital of 1,644,185,821 Ordinary Shares.

There are 49,501,801 Ordinary Shares held jointly by the Employee Benefit Trust and participants for the purposes of the Company's joint share ownership plan in relation to which all voting rights have been waived.

Therefore the total number of 1,594,684,020 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.

For Further Enquiries: 

About Toumaz (www.toumazltd.com)

Toumaz Limited is a pioneer in low cost ultra-low power, wireless semiconductor and software technologies for a wide range of markets including medical monitoring and internet connected consumer devices. The 2012 acquisition of Frontier Silicon brought operational scale and expertise together with a leadership position in digital and connected audio markets.