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 £120,000.
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 £111,464 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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