TEA.L Regulatory News (TEA)

Teathers Financial Plc / Index: AIM / Epic: TEA / Sector: Investment

28 September 2015

Teathers Financial Plc ('Teathers' or 'the Company')

Transformational New Crowd Equity App Launched

Teathers Financial PLC ('Teathers' or the 'Company'), the AIM listed investment company is pleased to announce that its wholly owned investee company, Teathers Financial Software Limited ('TFSL'), has launched 'The Teathers App', a new crowdfunding App to transform the way private investors deal in listed companies, through the use of mobile technology. The App has been launched in tandem with FCA regulated broker Shard Capital Partners LLP ('Shard Capital'), with which TFSL recently announced its first broker license agreement.

The Teathers App, which is now free to download from iTunes Connect (Apple), Google Play and Android, is multifunctional, offering dealing facilities, ongoing investment monitoring and news functionality. In particular, it enables qualified investors to participate in Private Placings and IPOs at the same price and on the same deal terms as institutional investors. The Teathers App breaks down the traditional barriers to entry in IPOs and private placings, providing a level playing field for private investors.

IPOs and Placings are being sourced and provided on an execution only basis by Shard Capital. They will also provide on-boarding services, the regulatory compliance features and the custodial support framework.

Teathers App subscribers have access to on-going financial information to track investments and sectoral trends, live UK share prices, predictive stock search functionality global economic data as well as portfolio tracking and valuation capability.

Within the app an Investor Channel showcases video and audio media outputs, and provides the user with access to insightful information about listed companies and investment topics. Content includes video and audio interviews from company directors as well as general educational pieces from sectoral professionals. The use of video and audio enhances the users' experience by informing them about companies' business strategy and development in an easily digestible format.

Teathers Executive Chairman Jason Drummond said, "This App is revolutionary in the sense that it is the first crowd equity mobile solution allowing private investors access to IPOs and placings in publicly trading companies. Previously few private investors had the opportunity to participate in fundraisings on the same terms as institutional investors. However, the Teathers App will help to change this. With additional functionality focussed on news, portfolio monitoring as well as video and audio company updates, the Teathers App provides private investors with the ability to participate and control their investing strategy across any major mobile platform. I truly believe we have a ground breaking App for private investors and in tandem with Shard are changing the playing field for investors."

Shard Capital CFO Toby Raincock said, "The Teathers App broadens our reach to new retail investors who can join our clients in gaining access to institutional offerings, at institutional prices. This mobile platform allows investors to not only participate in listed company financings through our regulatory framework, but also monitor their investments through their mobile device. We are excited about opening up a new arena for retail investors and offering an additional regulated pathway to investment opportunities."

It is anticipated that the App will create a revenue stream for TFSL and will support the Company's main investing activities under its Investing Policy.

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For further information please visit www.teathers.com or contact:

Notes:

Teathers Financial PLC is focused primarily on the investment in AIM or unquoted companies, joint ventures or individual projects. The Company is led by highly experienced individuals with proven track records in the growth company arena. It considers all sectors but is looking for stand out companies, which it believes it can also add value to.

Amongst other investments, the Company has a 100% interest in Teathers Financial Software Ltd, which is looking to revolutionise the crowd equity arena for listed companies and empower private investors. In essence it has developed proprietary technology to provide brokers and fundraisers with a secure, seamless and innovative platform to connect, offer and manage private investors in Placings and IPOs, crucially on the same terms as institutional investors. The software, which runs across all major mobile platforms, also encourages ongoing user engagement by providing a real-time gateway for private investors and continual information on their portfolios. FCA regulated Shard Capital have adopted the technology for the Teathers App to drive private investors to their fundraising initiatives. The technology is available to be white-labelled to brokers and fundraisers who want to engage further with private individuals who potentially represent a supportive pool of capital.

About Shard Capital:

Shard Capital offers a wide range of financial services characterised by traditional values; a discreet service with all the benefits of an internationally respected financial platform. Its approach is highly personal and exclusively bespoke to suit specific client requirements. With broad global networks and many years of cross-market experience at leading financial institutions, the team is committed to upholding its reputation for excellence and expertise as investment professionals, by continuing to meet and exceed expectations. Its unique offering encompasses Professional Investor Services, Institutional Sales, Structured Investments, Stockbroking, Wealth Management, Fund Management and European Power Options.