NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
This announcement is not a prospectus or admission document and not an offer of shares for sale in any jurisdiction, including in or into Australia, Canada, Japan, South Africa or the United States.
Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not subscribe for or purchase any shares referred to in this announcement except solely on the basis of the information contained in an Aquis Stock Exchange Growth Market admission document in final form (together with any supplementary admission document, if relevant, the "Admission Document"), including the risk factors set out therein, that may be published by Silverwood Brands plc in connection with Admission (as defined below).
DATE: 1 November 2021
Silverwood Brands plc
("Silverwood" or the "Company")
Announcement of Publication of Admission Document
Silverwood Brands plc, a company established to invest primarily in branded consumer businesses, is pleased to announce its initial public offering by way of a conditional fundraise for new ordinary shares ("Ordinary Shares") at a price of 40p per Ordinary Share (the "Fundraise Price") (the "Fundraise").
The Company has successfully raised gross proceeds of £1.99 million, comprising approximately £0.96 million from the Founder Subscription and £1.03 million from Qualifying Investors and institutional investors participating in the Admission Fundraising.
The Admission Document relates to the admission of the Company's Ordinary Shares to trading on the Access segment of the Aquis Stock Exchange ("Admission").
The Admission Document is available on the Company's website at www.silverwoodbrands.com, subject to certain access restrictions.
Admission and the commencement of unconditional dealings is expected to take place at 8.00 a.m. (UK time) on 8 November 2021.
VSA Capital Limited ("VSA Capital") have been appointed as AQSE Corporate Adviser and Broker to the Company.
For more information, please contact:
| Silverwood Brands plc |
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Andrew Gerrie |
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| VSA Capital - AQSE Corporate Adviser and Broker |
+44(0)20 3005 5000 |
| Andrew Monk, CEO Andrew Raca, Head of Corporate Finance Pascal Wiese, Associate Corporate Finance |
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