TIDMTECH

RNS Number : 6481O

TechFinancials Inc.

31 January 2019

31 January 2019

TechFinancials, Inc.

("TechFinancials, the "Company" or the "Group")

Confirmation of Sole Broker

TechFinancials (AIM: TECH), a fintech software provider of financial solutions including blockchain-based digital assets and traditional financial trading solutions for retail clients, announces that Peterhouse Capital Limited will act as sole broker to the Company with immediate effect. Peterhouse Capital Limited is also the Company's Corporate Adviser on the NEX Growth Market.

For further information:

 
 TechFinancials, Inc.                            Tel: +972 54 5233 
                                                        943 
 Asaf Lahav, Group Chief Executive Officer 
 Yuval Tovias, Chief Financial Officer 
 
 
 Grant Thornton UK LLP (Nominated Adviser)     Tel: +44 (0) 20 7383 
                                                               5100 
 Colin Aaronson / Samantha Harrison / Seamus 
  Fricker 
 
 
 Peterhouse Capital Limited (Broker)   Tel: +44 (0) 20 7469 
                                                       0930 
 Fungai Ndoro / Eran Zucker

Media enquiries:

 
 Yellow Jersey PR Limited (Media Relations)   Tel: +44 (0) 7748 843 
                                                                871 
 Felicity Winkles / Charles Goodwin

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.

In December 2018, the Company signed a binding agreement with Footies Tech Ltd, a ticketing venture for sports venues and teams, to license its technological blockchain infrastructure and established a new company to develop and market a blockchain based ticketing solution and event economics management system. The new venture is underway and is focused on enabling sports organisations to take full control over their ticket path once issued, including secondary market trading configuration and enforcement. The ultimate vision is to fully digitise sport clubs match day experience to economically benefit both fans and football clubs. Notably, ex-CEO of Liverpool Football Club Ian Ayre is Chairman of the new company and venture.

Additionally, TechFinancials holds a 2% interest and an option to acquire a further 90 % in CEDEX, a blockchain-based on-line exchange for diamonds, which would give TechFinancials up to 92 % of CEDEX or 87.4 % on a fully diluted basis.

Further information can be found at http://techfinancials.com.

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

MSCGLGDBCDXBGCB

(END) Dow Jones Newswires

January 31, 2019 02:01 ET (07:01 GMT)

Techfinancials (LSE:TECH)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Techfinancials Charts.
Techfinancials (LSE:TECH)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Techfinancials Charts.