Brandshield Systems PLC Re: offer to acq business, assets, name of WeShop (8501P)
October 21 2021 - 8:45AM
UK Regulatory
TIDMBRSD
RNS Number : 8501P
Brandshield Systems PLC
21 October 2021
21 October 2021
BrandShield Systems plc
("BrandShield", or the "Company")
Offer to Acquire Business, Assets and Name of WeShop by
Boanerges Limited
BrandShield Systems plc (AIM: BRSD), a leading provider of
cybersecurity solutions from brand protection to online threat
hunting, notes the announcement made by Boanerges Limited in
relation to its intention to post a circular to its shareholders.
The circular will contain resolutions to be considered by Boanerges
shareholders in a general meeting to be held on 18 November 2021,
which include approval to acquire the business, assets and name of
WeShop Limited, pursuant to an asset purchase agreement with WeShop
Limited. This will also require approval of WeShop Limited's
shareholders. The full announcement by Boanerges can be found at
the following link:
https://boanergesltd.com/boanerges-weshop-announcement/
BrandShield currently holds 508,809 shares in WeShop Limited,
representing 10.5% of WeShop's current issued share capital.
Further updates will be provided to the market as the situation
develops.
Enquiries:
BrandShield Systems plc +44 (0)20 3143
Yoav Keren, CEO 8300
Spark Advisory Partners Limited (Nominated
Adviser) +44 (0)20 3368
Neil Baldwin / Andrew Emmott / James Keeshan 3554
Shore Capital (J oint Broker)
Toby Gibbs / James Thomas (Corporate Advisory) +44 (0)20 7408
Henry Willcocks (Corporate Broking) 4090
Tennyson Securities (Joint Broker) +44 (0)20 3368
Peter Krens 3554
Vigo Consulting (Financial Public Relations)
Jeremy Garcia / Antonia Pollock +44 (0)20 7390
brandshield@vigoconsulting.com 0237
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014
WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL)
ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A
REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO
BE IN THE PUBLIC DOMAIN.
About BrandShield
BrandShield is a leading cybersecurity company founded in Israel
by cybersecurity experts that protect the world's largest brands
and consumers from phishing attacks, online fraud, and other online
threats posed by dangerous cybercriminals. Through its AI/ML
platform, BrandShield identifies, tracks, and eliminates online
threats for global brands and organizations, including Bristol
Myers Squibb, Levi's, NewBalance, Swisscom, and the Pharmaceutical
Security Institute. BrandShield is quoted on the London Stock
Exchange AIM under ticker symbol BRSD. To learn more about
BrandShield, please visit the company website at
www.BrandShield.com .
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END
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