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Update re: FastBase

24 May 2018 07:00

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:

 

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
20th Apr 20072:15 pmRNSDirector/PDMR Shareholding
19th Apr 20077:01 amRNSInterim Results
21st Mar 20075:43 pmRNSHolding(s) in Company
20th Mar 20075:26 pmRNSHolding(s) in Company
15th Mar 20075:01 pmRNSHolding(s) in Company
31st Jan 20077:01 amRNSPipeline Update
8th Jan 20075:57 pmRNSDirector/PDMR Shareholding
13th Dec 200610:08 amRNSTotal Voting Rights
13th Dec 20067:01 amRNSBoard Changes
21st Nov 20067:01 amRNSAnnual Report & Notice of AGM
28th Sep 20067:02 amRNSPreliminary Results
1st Aug 20067:01 amRNSProduct Development Update
26th Jun 20067:01 amRNSCOO & Board Appointment
3rd Apr 20064:23 pmRNSHolding(s) in Company
23rd Mar 20068:12 amRNSSyntopix Admission to AIM
23rd Mar 20068:11 amRNSFirst Day of Dealings

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