REG-LocoSoco Group Plc: Amendment: Admission to Trading on Vienna Bourse

LocoSocoAnnouncement

14/02/2019 09:55

LocoSoco Group Plc

("LocoSoco", or "the Company")

Amendment: Admission to Trading on Wiener Borse

The following amendments have been made to the ‘Admission to Trading on
Wiener Borse' announcement released on 12/01/2019 at 7:00am under Release
reference: PRNUK-1202190628-0386:

Investors should not subscribe for or purchase any securities referred to in
this announcement except on the basis of information in the admission document
(the "Admission Document") published by LocoSoco Group PLC (the "Company") on
12 February 2019 in connection with the proposed admission of the ordinary
shares of 25 pence (traded in Euros) each in the capital of the Company (the
"Ordinary Shares") to trading on Wiener Borse, an internationally recognised
and respected market in order to satisfy the liquidity requirements of
existing shareholders and to enhance the potential for further fundraising to
provide working capital to support the management’s ambitions for expansion

·   On 18 September 2018, the Company entered into a Subscription
agreement under which 1,000,000 new ordinary shares are to be issued at 25
pence per share on a date two months after the date of Admission to raise
£250,000 gross (there are no costs associated with this).

·   On 22 November 2018, the Company issued 1,000,000 new ordinary shares
at 25 pence per share under a Subscription agreement raising £250,000 gross
(again there are no costs associated with this).

·    There are currently 12,152,701 Ordinary Shares in issue and 3.5
million warrants also issued with an exercise price of 25p.

All other details remain unchanged.

The full amended text is shown below.

LocoSoco Group Plc

("LocoSoco", or "the Company")

Admission to Trading on Wiener Borse, Vienna and Share Subscription

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF
IRELAND, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE
TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW.

This announcement is an advertisement and not an admission document or a
prospectus. It does not constitute or form part of, and should not be
construed as, an offer to sell or issue, or a solicitation of any offer to buy
or subscribe for, any securities, nor should it or any part of it form the
basis of, or be relied on in connection with, any contract or commitment
whatsoever. Investors should not subscribe for or purchase any securities
referred to in this announcement except on the basis of information in the
admission document (the "Admission Document") published by LocoSoco Group PLC
(the "Company") on 12 February 2019 in connection with the proposed admission
of the ordinary shares of 25 pence (traded in Euros) each in the capital of
the Company (the "Ordinary Shares") to trading on Wiener Borse, an
internationally recognised and respected market in order to satisfy the
liquidity requirements of existing shareholders and to enhance the potential
for further fundraising to provide working capital to support the
management’s ambitions for expansion. Copies of the Admission Document are
available during normal business hours on any day (except Saturdays, Sundays
and public holidays) from the registered office of the Company.

12th February 2019

LOCOSOCO GROUP PLC

("LocoSoco Group" or the "Company" and, together with its subsidiaries, the
"Group")

Admission to Trading on Wiener Borse and First Day of Dealings

LocoSoco Group PLC, a provider of goods and services to local enterprise and
enabler of community owned supply chains is pleased to announcethe admission
today of its Ordinary Shares to trading on the Wiener Borse market, Vienna
("Admission") under the ticker “LOCO”. Keswick Global AG, of
Hoffingergasse 16/1/6 A – 1120, Vienna, Austria is acting as Capital Market
Coach and Broker to the Company in relation to Admission.

Highlights:

·    Dealings in the Ordinary Shares of 25 pence (traded in Euros) will
commence today under the Wiener Borse Ticker "LOCO" with the ISIN GB00BD5BTL23

·    On 18 September 2018, the Company entered into a Subscription
agreement under which 1,000,000 new ordinary shares are to be issued at 25
pence per share on a date two months after the date of Admission to raise
£250,000 gross (there are no costs associated with this).

·    On 22 November 2018, the Company issued 1,000,000 new ordinary
shares at 25 pence per share under a Subscription agreement raising £250,000
gross (again there are no costs associated with this).

·    There are currently 12,152,701 Ordinary Shares in issue and 3.5m
warrants also issued with an exercise price of 25p.

The Company's Admission Document is available on request by emailing
contact@locoso.co.

James Perry, CEO of LocoSoco Group Plc, commented:"Our admission to the Wiener
Borse today represents a significant milestone for LocoSoco group and strongly
positions the company to accelerate its growth plans. 

LocoSoco is uniquely positioned to engage with local business and their
communities, enabling all to benefit from and share in the value of the
everyday transactions they make with each other, both online and in-store.
There are significant opportunities for growth in this new economic model both
in the UK and globally which we intend to capitalise on. 

We are delighted with the backing shown by a wide number of investors and we
thank them for their support and we very much look forward to life as a public
company and to updating the market on our continued progress in the months and
years ahead."

Enquiries:

LocoSoco Group PLC

James Perry, Chief Executive Officer

Alex Marks, Chief Marketing Officer

Simon Rendell, Non-Executive Chairman

+44 (0)203 538 0716

Via Brand Communications and Novus Communications Ltd

Alan Green

+44 (0)7976 431608

+44 (0)207 448 9839

Capital Market Coach

Keswick Global AG

info@keswickglobal.com

+43 (1)740 408045



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