TIDMTECH

RNS Number : 6518V

TechFinancials Inc.

25 July 2018

25 July 2018

TechFinancials, Inc.

("TechFinancials, Inc." or "the Company")

Application for Admission to the NEX Exchange Growth Market

TechFinancials, Inc. the AIM quoted, fintech software provider of financial solutions including blockchain-based digital assets and traditional financial trading solutions for retail clients, is pleased to announce that it has applied for admission of its entire issued share capital of 84,980,979 fully paid ordinary shares of USD0.0005 ("Ordinary Shares") to trading on the NEX Exchange Growth Market ("NEX"). Admission is expected to take place on or around 8 August 2018.

The Company sees its plan to dual list its shares on the NEX as being entirely complimentary to its AIM listing, and the Company plans to remain trading on AIM following its admission to NEX. The Directors believe that a dual listing on NEX will increase the visibility of the Company in the market; may potentially enhance liquidity for the Company's shares; and create a solid platform on which the Directors can continue to promote the Company's growth.

Asaf Lahav, Group Chief Executive Officer of TechFinancials:

"In conjunction with trading on AIM, we are very pleased to be joining NEX which marks a significant milestone in the Company's growth. We believe that it will create an important opportunity for the Company to access additional sources of finance as well as raising our profile to become a leader in the market in which we operate.

"With a revised focus on blockchain trading technologies and solutions, the Company is now well positioned to attract further capital investment as we seek to deliver on our new strategy. We look forward to updating our investors and the market on the progress made over the coming months."

--ENDS--

For further information, please contact:

 
 TechFinancials, Inc. 
 
 Asaf Lahav, Group Chief Executive Officer                                      +972 54 5233 943 
 Yuval Tovias, Chief Financial Officer 
  https://techfinancials.com 
 Grant Thornton UK LLP (Nominated Adviser) 
  Colin Aaronson / Samantha Harrison/Seamus 
   Fricker                                     +44 (0) 20 7383 5100 
  Northland Capital Partners Limited (Broker) 
  David Hignell/ John Howes                      +44 (0) 20 3861 6625 
 Peterhouse Capital Limited (NEX Corporate Adviser and Broker) 
 Fungai Ndoro and Eran Zucker +44 (0) 20 7469 0930

Media enquiries:

 
  Yellow Jersey (Media Relations) 
 Charles Goodwin and Katie Bairsto       +44 (0) 7748 843 871

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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July 25, 2018 02:01 ET (06:01 GMT)

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