Apq Global Regulatory News (APQ)

APQ Global Limited

("APQ Global" or the "Company")

This announcement contains inside information

15 June 2017

Potential Capital Raise

APQ Global is an emerging markets growth company incorporated in Guernsey (company registration number 62008) which is listed on The International Stock Exchange Authority Limited and admitted to trading on AIM.

As announced on 13 June 2017, the Company is exploring a further capital raise in order to increase the size of the Company. The Board considers that an attractive way for the Company to raise capital at the current time for investment in accordance with its business strategy would be through the potential issue of a convertible debt instrument, comprising convertible unsecured loan stock ("CULS"). The Board believes that there may be interest from potential investors in an issue of CULS to raise approximately £20 - 25 million which would carry a circa three per cent. annual coupon (payable quarterly) with a potential seven year term, and which would have quarterly conversion rights at a 20 per cent. premium to book value per share (as at the issue date) (the "Issue").

The Company would limit the amount of CULS or other long-term debt which may be incurred by the Company to appropriate levels.

Further details will be announced in due course should the Company proceed with the Issue.

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Notes to editors

Cautionary statement

Certain statements made in this announcement are forward-looking statements. Such statements are based on current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual events or results to differ materially from any expected future events or results expressed or implied in these forward-looking statements. Persons receiving this announcement should not place undue reliance on forward-looking statements. Unless otherwise required by applicable law, regulation or accounting standard, APQ does not undertake to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.