Update on Proposed Admission to AIM and Withdrawal from NEX

Crossword Cybersecurity Plc (NEX:CCS, “Crossword” the “Company” or the “Group”) is pleased to announce that it has successfully raised £2 million before expenses by way of a placing and subscription for shares (the “New Shares”), the net proceeds of which will be used to further develop the Group’s operations and to support existing and future contracts (the “Fundraise”).

The Fundraise is conditional on, amongst other things, admission of the Company’s existing ordinary shares (“Ordinary Shares”) and the New Shares to trading on AIM (“Admission”). Admission is expected to occur on Friday 14 December 2018.

Consequently, the Company will withdraw its Ordinary Shares from trading on the NEX Exchange Growth Market as at the close of business on Thursday 13 December 2018.

The directors of the Company accept responsibility for the contents of this announcement.

For further information, please contact:

Tom Ilube – CEO Crossword Cybersecurity Plc www.crosswordcybersecurity.com Tel: +44 208 973 2350 Email: info@crosswordcybersecurity.com Twitter: @crosswordcyber

NEX Exchange Corporate Advisor Nick Michaels and Jon Isaacs Alfred Henry Corporate Finance Limited www.alfredhenry.com Tel: +44 207 251 3762

NEX Corporate Broker Claire Louise Noyce – CEO, Hybridan LLP Tel: +44 (0) 203 764 2341 Email: claire.noyce@hybridan.com

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

–  ENDS  –

Related Posts

See All

Investor Presentation

28 September 2021 – London, UK - Crossword Cybersecurity Plc (AIM:CCS, “Crossword”, the “Company” or the “Group”), the technology commercialisation company focused on cyber security and risk managemen

Appointment of URENCO CISO to Advisory Board

15 September 2021 – London, UK - Crossword Cybersecurity Plc (AIM:CCS, “Crossword”, the “Company” or the “Group”), the technology commercialisation company focused on cyber security and risk managemen