29 Jun 2018 07:00
TechFinancials, Inc.
("TechFinancials" or the "Company")
AIM Rule 17 disclosure
29 June 2018
TechFinancials (AIM: TECH), a leading technology provider to financial trading brokers, announces pursuant to Rule 17 of the AIM Rules for Companies, the following information under Schedule Two paragraph (g) of the AIM Rules for Companies.
On 28 June 2018, SerVision plc (AIM: SEV) announced that it had resolved to place itself into Creditors' Voluntary Liquidation. Eitan Yanuv, a non-executive director of the Company, is Finance Director of SerVision plc.
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
For further information:
TechFinancials, Inc. |
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Asaf Lahav, Group Chief Executive Officer |
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Yuval Tovias, Chief Financial Officer | www.techfinancials.com |
Grant Thornton UK LLP (Nominated Adviser) |
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Colin Aaronson / Samantha Harrison | Tel: +44 (0) 20 7383 5100 |
Northland Capital Partners Limited (Joint Broker) |
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David Hignell/ John Howes | Tel: +44 (0) 20 3861 6625 |
Peterhouse Corporate Finance (Joint Broker) |
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Lucy Williams / Eran Zucker | Tel: +44 (0) 20 7469 0932 |
Media enquiries:
Yellow Jersey (Media Relations) |
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Charles Goodwin / Katie Bairsto | Tel: +44 (0) 7748 843 871 |
About TechFinancials
TechFinancials, Inc (AIM: TECH) is a fintech software provider of financial trading solutions including blockchain-based digital assets and traditional financial trading solutions for retail clients. The Group operates a B2B division licensing white label trading platform solutions to online brokers. In addition, the Company operates a B2C division operating trading platform incorporating a strategic joint venture focusing on solutions for traders in the Asia Pacific region.
The Company currently holds a 2 per cent interest and an option to acquire a further 90 per cent in Cedex Holdings Ltd ("CEDEX"), a blockchain-based on-line exchange for diamonds, which would give TechFinancials up to 92 per cent of CEDEX or 87.4 per cent on a fully diluted basis.
Further information can be found at http://techfinancials.com