Crossword Crossword Cybersecurity plc: Placing
June 26 2015 - 9:57AM
UK Regulatory
TIDMCCP
Crossword Cybersecurity plc: Placing
FOR: CROSSWORD CYBERSECURITY PLC
GXG SYMBOL: CCP
June 26, 2015
Crossword Raises GBP 1.5M to Pursue Cyber Security Intellectual Property Transfer Deals
LONDON, UNITED KINGDOM--(Marketwired - June 26, 2015) - The Directors of Crossword Cybersecurity plc
("Crossword") the GXG Main Quote listed company with ISIN GB00BPFJXS57 are delighted to announce that pursuant
to a placing it has raised GBP 1,500,000.
As a result 789,474 Ordinary shares of 5 pence each has been issued at a consideration of 190 pence per share.
Tom Ilube, Chief Executive Officer of Crossword, said, "We are delighted to have received investment both from
existing and a number of new investors, including well-known private equity investor Jon Moulton, and I am
delighted to welcome the new shareholders to the Company."
The Board are excited by the prospects of the next phase of development for the Company that this placing
provides a platform for.
Commenting on the investment Jon Moulton, who participated via his family office, said, "Cyber security is a
rapidly growing sector. Crossword's IP transfer model of leveraging the best of British university research in
this area is very exciting."
The following Directors have taken part in the placing:
=---------------------------------------------------------------------------
Name New shares Consideration Total number of Percentage of
issued under for the new Issued Ordinary Issued Ordinary
the placing placing shares Shares following Shares
the placing
=---------------------------------------------------------------------------
Tom Ilube 82,632 GBP157,000 1,252,786 52.56%
=---------------------------------------------------------------------------
John 13,158 GBP25,000 34,260 1.44%
Bottomley
=---------------------------------------------------------------------------
Professor 5,263 GBP10,000 5,263 0.22%
David
Stupples
=---------------------------------------------------------------------------
In addition the following shareholders who have bought placing shares will be interested, directly or
indirectly, in 3 per cent or more of the votes able to be cast at general meetings of the Company.
=---------------------------------------------------------------------------
Name New shares issued Total number of Percentage of Issued
under the placing Issued Ordinary Ordinary Shares
Shares following the
placing
=---------------------------------------------------------------------------
Moulton 236,842 236,842 9.94%
Goodies Ltd
=---------------------------------------------------------------------------
Steven Gee 39,474 152,341 6.39%
=---------------------------------------------------------------------------
Maurice 39,474 152,341 6.39%
Zimmerman
=---------------------------------------------------------------------------
Matthew 105,263 105,263 4.42%
O'Sullivan
=---------------------------------------------------------------------------
Tariq Hussain 10,526 77,290 3.24%
=---------------------------------------------------------------------------
The total issued share capital is now 2,383,408 Ordinary shares of 5 pence each.
The Directors accept responsibility for this statement.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Crossword Cybersecurity plc
Tom Ilube, CEO
+44 (0)208 973 2350
info@crosswordcybersecurity.com
www.crosswordcybersecurity.com
@crosswordcyber
OR
GXG Corporate Advisor
Alfred Henry Corporate Finance Limited
Nick Michaels and Jon Isaacs
+44 207 251 3762
www.alfredhenry.com
Crossword Cybersecurity plc
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