Subscription to raise £68,628

SerVision PLC

("SerVision" or the "Company")

Subscription to raise £68,628

SerVision (AIM: SEV), the AIM quoted developer and manufacturer of digital security systems, is pleased to announce that, further to the announcement on 1 September 2014, it has raised £68,628 (before expenses) from two private investors through the subscription for 1,319,778 new ordinary shares of 1p each in the Company (the "Subscription Shares") at a price of 5.2 pence per Subscription Share (the "Subscription"). The Subscription price represents a 60 per cent. premium to the Company's closing mid market price of 3.25 pence on 3 September 2014, being the latest practicable business day prior to this announcement. The Subscription Shares will represent 1.87 per cent. of the enlarged issued share capital of the Company.

The net proceeds of the Subscription will be used for general working capital purposes. The Subscription is conditional only upon Admission and has been carried out within the Company's existing share authorities.

Application will be made for admission of the 1,319,778 Subscription Shares to trading on AIM ("Admission") and it is anticipated that Admission will occur on or around 15 September 2014.

Following Admission the total enlarged issued share capital of SerVision will be 70,690,963 ordinary shares of 1p each. This figure 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

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