Gunsynd PLC Update re: FastBase (1109P)
May 24 2018 - 1:01AM
UK Regulatory
TIDMGUN
RNS Number : 1109P
Gunsynd PLC
24 May 2018
Gunsynd plc
("Gunsynd" or the "Company")
Update re: FastBase
Further to the announcement of 2 February 2018 regarding
Fastbase, Inc. ("FastBase"), a privately owned Danish SaaS
(software as a service) company which Gunsynd is assisting with its
proposed admission to trading on AIM, the Company has been provided
with the following update by FastBase:
The proposed admission to trading on AIM of FastBase, which had
previously been stated to be targeted for Q2 2018, has been delayed
by a number of factors including a potential corporate transaction
and the development of new software. In addition, FastBase is
considering admission to the Standard Segment of the Main Market of
the London Stock Exchange as a possible alternative to AIM but a
final decision has yet to be made. A regulatory advisor for the
admission to the London Stock Exchange has yet to be appointed. A
further announcement will be made in due course.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
The directors of Gunsynd accept responsibility for this
announcement.
Hamish Harris commented: "It is important for shareholders to
understand that whilst we maintain regular dialogue with the
companies we are involved with, with respect to potential
transactions, decisions are ultimately made by those companies
regarding timing and transaction details."
Contacts:-
Gunsynd plc:
+44 (0) 20 7440
Hamish Harris 0640
Nominated Adviser / NEX
Exchange Corporate Adviser:
Cairn Financial Advisers
LLP
+44 (0) 20 7213
James Caithie/Liam Murray 0880
Broker:
Peterhouse Corporate Finance
+44 (0) 20 7469
Lucy Williams 0930
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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