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Pin to quick picksGunsynd Regulatory News (GUN)

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Agreement with FastBase

2 Feb 2018 16:03

RNS Number : 8305D
Gunsynd PLC
02 February 2018
 

Gunsynd plc

("Gunsynd", or the "Company")

Agreement with FastBase

Gunsynd Plc (AIM: GUN, NEX: GUN) is pleased to announce that it has entered into an agreement with Fastbase, Inc. ("FastBase"), a privately owned Danish SaaS (software as a service) company on the following terms:

In recognition of the efforts made by Gunsynd to assist FastBase in pursuing admission to trading on AIM, it is agreed that FastBase shall pay a consultancy fee of 0.75% of its market capitalization, subject to, and following completion of the IPO. Such fee is to be paid and settled fully in new ordinary shares of the Company (issued as fully paid ordinary shares, at the Admission price).

About Fastbase, Inc. 

Built upon Google Analytics software, FastBase's software generates comprehensive lead reports that include extensive company profiles, visitor interaction, key employees with LinkedIn profile and email addresses. The insights provided by FastBase enable B2B businesses to contact their online leads in real-time.

FastBase's popular web leads add-on to Google Analytics is now widely used, including by well-known brands. It is targeting admission to AIM in Q2, 2018.

Hamish Harris, the Company's Executive Chairman, commented: "We are exceptionally pleased to be able to assist a rapidly growing SaaS company such as FastBase with its plans to list in London. We will keep investors informed of progress with FastBase's progress in seeking admission to AIM."

 

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.

 

Contacts:-

 

Gunsynd plc:

 

 

Hamish Harris

 

+44 (0) 20 7440 0640

 

 

 

Nominated Adviser / NEX Exchange Corporate Adviser:

 

 

Cairn Financial Advisers LLP

 

 

James Caithie/Liam Murray

 

+44 (0) 20 7213 0880

 

 

 

Broker:

 

 

Peterhouse Corporate Finance

 

 

Lucy Williams

+44 (0) 20 7469 0930

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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