TIDMGUN

RNS Number : 4877J

Gunsynd PLC

29 March 2018

Gunsynd plc

("Gunsynd" or the "Company")

Human Brands Update

Gunsynd Plc (AIM: GUN, NEX: GUN) announces that it has been informed by its investee company, Human Brands International, Inc. ("Human Brands"), that it has entered into an agreement to acquire a 10% equity shareholding in Milestone Beverages HK Ltd ("Milestone"), a Hong Kong based independent wine and spirits distributor whose founder, Joe Milner, was a Regional Director (Asia) for Constellation Brands and led the Luxury International Spirits division (Asia) for Diageo.

The directors of Human Brands expect the deal will provide Human Brands with access to Milestone's distribution network to distribute its own products in the region, adding to its current distribution base of Thailand and the USA.

The directors of Gunsynd accept responsibility for this announcement.

For further information please contact:

 
 Gunsynd plc 
  Hamish Harris                +44 20 7440 0640 
 Cairn Financial Advisers 
  LLP 
  James Caithie / Liam 
  Murray                       +44 20 7213 0880 
 Peterhouse Corporate 
  Finance 
  Lucy Williams                +44 20 7469 0930

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 29, 2018 11:35 ET (15:35 GMT)

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