11th Feb 2019 15:07
Two Shields Investments Plc / EPIC: TSI / Market: AIM
11 February 2019
Two Shields Investments Plc ("Two Shields" or the "Company")
Statement re share price movement
The Board of Two Shields notes the recent increase in the Company's share price. The Board reports that it is currently in the latter stage of discussions with a number of investors to raise up to around £0.5m in a fundraising for the Company, at an issue price expected to be around 0.1p. There is no certainty that such fundraising will be completed. It is expected that any funds raised, should this fundraising take place, would be deployed in existing investments within Two Shields' portfolio, and for working capital.
A further announcement will be made should such fundraising be finalised.
This announcement contains inside information for the purposes of article 7 of the market abuse regulation (eu) 596/2014.
**Ends**
For further information please visit https://twoshields.co.uk/ or contact:
Andrew Lawley | Two Shields Investments Plc | +44 (0)207 236 1177 |
Neil Baldwin/Andrew Emmott | Spark Advisory Partners Limited (Nominated Adviser) | +44(0)203 368 3554 |
Andy Thacker
| Turner Pope Ltd
| +44 (0) 20 3621 4120
|
Related Shares:
TSI.L