REG - Brandshield Systems - Result of Placing

Brandshield SystemsAnnouncement

28/01/2022 08:40

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220128:nRSb9763Za&default-theme=true

RNS Number : 9763Z  Brandshield Systems PLC  28 January 2022

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE
REPUBLIC OF SOUTH AFRICA, NEW ZEALAND OR IN ANY OTHER JURISDICTION IN WHICH
OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.

 

THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL OR A SOLICITATION TO BUY SECURITIES
IN  THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA
AND NEW ZEALAND OR IN ANY OTHER JURISDICTION IN WHICH SUCH OFFER, SOLICITATION
OR SALE WOULD BE UNLAWFUL OR ‎CONTRAVENE ANY REGISTRATION OR QUALIFICATION
REQUIREMENTS UNDER THE SECURITIES LAWS OF ANY SUCH ‎JURISDICTION‎. NEITHER
THIS ANNOUNCEMENT NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE
RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY
JURISDICTION.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU.

 

28 January 2022

 

BrandShield Systems plc

 

("BrandShield" or the "Company")

 

Result of Placing

 

 

Further to its announcement earlier today, BrandShield Systems plc (AIM:
BRSD), a leading provider of cybersecurity solutions for brand oriented
digital risk protection, is pleased to announce that it has successfully
raised gross proceeds of £1.5 million pursuant to the Placing. A total of
10,714,286 new ordinary shares of 1p each ("Ordinary Shares") were subscribed
for by investors ("Placing Shares"), at an issue price of 14 pence per Placing
Share. Additionally, a total of 5,357,143 Warrants with an exercise price of
20p and an exercise period ending three years following Admission will be
issued to the Placees.

 

Admission of Placing Shares

 

Application has been made for the admission of the Placing Shares to trading
on the AIM market of London Stock Exchange plc ("Admission"). It is expected
that Admission will take place at or around 8.00 a.m. (London time) on 4
February 2022. The Placing Shares will, when issued, be credited as fully paid
and will rank pari passu in all respects with the Company's existing issued
Ordinary Shares.

 

Total Voting Rights

 

Following Admission of the 10,714,286 Placing Shares, the Company's issued
share capital will consist of 128,665,207 Ordinary Shares. The Company holds
no Ordinary Shares in treasury.

 

Therefore, following Admission the total number of voting rights in
BrandShield will be 128,665,207, which is the figure which should 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, Ordinary Shares under the FCA's Disclosure Guidance and
Transparency Rules.

 

Enquiries:

 

 BrandShield Systems plc                                             +44 (0)20 3143 8300

 Yoav Keren, CEO

 Spark Advisory Partners Limited (Nominated Adviser)                 +44 (0)20 3368 3554

 Neil Baldwin / Andrew Emmott / James Keeshan

 Shore Capital (Joint Broker)                                        +44 (0)20 7408 4090

 Toby Gibbs / James Thomas / Liam Zabludowicz (Corporate Advisory)

 Henry Willcocks (Corporate Broking)

 Tennyson Securities (Joint Broker)                                  +44 (0)20 3368 3554

 Peter Krens

 Vigo Consulting (Financial Public Relations)                        +44 (0)20 7390 0237

 Jeremy Garcia / Antonia Pollock

 brandshield@vigoconsulting.com

 

About BrandShield

 

BrandShield is a provider of cybersecurity solutions from brand protection to
online threat hunting. BrandShield detects online threats and takes them
down. The Company's client base is a growing list of organisations including
Fortune 500 and FTSE100 companies. By utilising AI and big-data analysis,
BrandShield monitors, detects, and removes online threats facing companies.
These threats include social phishing, executive impersonation, fraud, brand
abuse, and counterfeits.

 

For more information, visit  www.brandshield.com
(http://www.brandshield.com/) .

 

This announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America.  This announcement is
not an offer of securities for sale into the United States.  The securities
referred to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in the
United States, except pursuant to an applicable exemption from registration.
No public offering of securities is being made in the United States.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEFZGZMRRFGZZG