Jade Road Inv Regulatory News (JADE)

JADE ROAD INVESTMENTS LIMITED

("Jade Road Investments", "JADE" or the "Company)

Investment Commitment, Equity Fundraising and Convertible Loan Notes Issuance

Jade Road Investments Limited (AIM:JADE), the London quoted investment company that looks to provide investors exposure to alternative investments which aim to offer higher returns and lower risk than traditional asset classes, is pleased to announce it has today entered into an investment commitment with Woollard & Hall Ltd ("WH"), a company incorporated in England and Wales ("Commitment Letter") pursuant to which the Company commits, subject to the satisfaction of certain conditions, to invest in (a) Unique Property Investment Group Ltd; and (b) WestOne Capital Group Ltd (together, the "Target Companies").  The Target Companies target high-yield, secure investment opportunities in real estate including the assisted living sector in the UK and strong high-end real estate markets Internationally. WH is a strategic partner of the Target Companies and the parties (including the Company) have agreed to combine their diversified investment strategies together and structure their investment model through the Company. The Company's commitment to make such investments is conditional on, amongst others, (1) completion of the Fundraising (as defined below) (which may complete in tranches and the Company will only make the investments upon relevant tranches of the Fundraising completing); (2) satisfactory legal and financial due diligence being conducted in relation to the proposed investments; and (3) compliance with the AIM Rules including being in compliance with the Company's investing policy.

Any new investments will act as a catalyst to repositioning JADE's investment focus into a diversified property portfolio.

In light of the agreement reached with WH, the Company is seeking to undertake a new round of equity fundraising, (the "Fundraising") and which may complete in a number of tranches. It is expected that new ordinary shares to be issued in relation to initial tranches of the Fundraising will be issued pursuant to the general authority granted to the directors of the Company in the last annual general meeting.

As a precursor to the Fundraising, the Company has today constituted up to £250,000 of zero coupon unsecured convertible loan notes, convertible into ordinary shares in the capital of the Company, with a maturity of 12 months and a conversion price of 1p ("Convertible Loan Notes") which represents a significant premium to JADE's current share price, and pursuant to a subscription agreement entered into today between the Company and WH, the Company has conditionally agreed to issue to WH £250,000 in principal value of Convertible Loan Notes, which are convertible to ordinary shares of the Company at the option of either the Company or WH within a 12-month period from the date of issuance.

As a result of the proposed change in direction the Company no longer proposes to seek any further convertible loan issuance via its previously announced partnership with MBM Limited.

Further announcements will be released to update on further tranches of the Fundraising completing as well as updates on target investment opportunities.

John Croft, Chairman of JADE commented:

"We are delighted to be working with the WH Group providing a platform to deliver their vision of investing in high-yielding and secure investment opportunities in the UK real estate sector.

For further information, please contact:

Jade Road Investments Limited

+44 (0) 778 531 5588

John Croft

Zeus Capital Limited - Nominated Adviser

+44 (0) 203 829 5000

James Joyce / Andrew de Andrade

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain