Gunsynd PLC Partial Disposal of Holding in Rogue Baron (1057U)
March 31 2021 - 3:19AM
UK Regulatory
TIDMGUN
RNS Number : 1057U
Gunsynd PLC
31 March 2021
Gunsynd plc
("Gunsynd" or the "Company")
Partial Disposal of Holding in Rogue Baron
Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has today
sold 3,000,000 shares in Rogue Baron Plc (AQSE: SHNJ) ("Rogue
Baron"), one of its investee companies, for gross proceeds of
GBP120,00 0.
The disposal was executed via an off-market transaction . The
shares will remain restricted from trading as per the original
agreement in place between Gunsynd Plc and Rogue Baron Plc.
Following the disposal, Gunsynd holds 21,543,563 ordinary shares
in Rogue Baron representing approximately 25% of the issued share
capital. Gunsynd will retain a balance of GBP111,464 of Convertible
Loan Notes consisting of accrued interest.
Rogue Baron is traded on the Access segment of the AQSE Growth
Market, under the ticker symbol AQSE: SHNJ.
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation and the Directors of the Company
are responsible for the release of this announcement.
For further information please contact:
Gunsynd plc
Peter Ruse +44 (0) 78 7958 4153
Cairn Financial Advisers LLP
James Caithie / Liam Murray / Mark Rogers +44 (0) 20 7213 0880
Peterhouse Capital Limited
Lucy Williams +44 (0) 20 7469 0936
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END
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March 31, 2021 04:19 ET (08:19 GMT)
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