Possible Acquisition and Suspension of Listing

Simian Global Plc - Possible Acquisition and Suspension of Listing

PR Newswire

London, February 17

17 February 2017SIMIAN GLOBAL PLC( “Simian” or the “Company”)Possible AcquisitionandSuspension of ListingThe Directors of Simian are pleased to inform shareholders that it has signed a non-binding letter ofintent ("LOI") to acquire the entire issued share capital of GVC Holdings Limited, a limited liabilitycompany in the media and advertising business incorporated in the British Virgin Islands (the“Potential Target”), for new shares in the Company (the "Acquisition"). The Acquisition, if completed,would result in Simian shareholders having a minority interest in the enlarged group (the "Group"). Forthe avoidance of doubt, the Potential Target is not affiliated with GVC Holdings Plc, a company in theonline sports and gaming business incorporated in the Isle of Man that trades on the London StockExchange.The Acquisition is subject, inter alia, to the completion of due diligence, documentation andcompliance with all regulatory requirements, including the Listing and Prospectus Rules and, asrequired, the Takeover Code.The Acquisition, if it proceeds, will constitute a Reverse Takeover under the Listing Rules since, interalia, in substance it will result in a fundamental change in the business of the issuer.As the Acquisition will constitute a Reverse Takeover under the Listing Rules, the listing in theCompany’s ordinary shares has been suspended at the Company’s request pending the publication ofa prospectus and the application for the enlarged Company to have its Ordinary Shares admitted tothe Official List and to trading on the main market for listed securities of the London Stock Exchange.The Company is working on the preparation of a prospectus in relation to the Acquisition and will, indue course, be making application for the enlarged Company to have its Ordinary Shares admitted tothe Official List and to trading on the main market for listed securities of the London Stock Exchange.The Company will update shareholders as the matter progresses.

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