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GUNSYND PLC

M&A Activity Feb 2, 2018

7684_rns_2018-02-02_4593a095-84d8-4264-adca-2058d45a1dd6.html

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National Storage Mechanism | Additional information

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RNS Number : 8305D

Gunsynd PLC

02 February 2018

Gunsynd plc

("Gunsynd", or the "Company")

Agreement with FastBase

Gunsynd Plc (AIM: GUN, NEX: GUN) is pleased to announce that it has entered into an agreement with Fastbase, Inc. ("FastBase"), a privately owned Danish SaaS (software as a service) company on the following terms:

In recognition of the efforts made by Gunsynd to assist FastBase in pursuing admission to trading on AIM, it is agreed that FastBase shall pay a consultancy fee of 0.75% of its market capitalization, subject to, and following completion of the IPO.  Such fee is to be paid and settled fully in new ordinary shares of the Company (issued as fully paid ordinary shares, at the Admission price).

About Fastbase, Inc. 

Built upon Google Analytics software, FastBase's software generates comprehensive lead reports that include extensive company profiles, visitor interaction, key employees with LinkedIn profile and email addresses. The insights provided by FastBase enable B2B businesses to contact their online leads in real-time.  

FastBase's popular web leads add-on to Google Analytics is now widely used, including by well-known brands.  It is targeting admission to AIM in Q2, 2018.

Hamish Harris, the Company's Executive Chairman, commented: "We are exceptionally pleased to be able to assist a rapidly growing SaaS company such as FastBase with its plans to list in London.  We will keep investors informed of progress with FastBase's progress in seeking admission to AIM."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

The directors of Gunsynd accept responsibility for this announcement.

Contacts:-

Gunsynd plc:
Hamish Harris +44 (0) 20 7440 0640
Nominated Adviser / NEX Exchange Corporate Adviser:
Cairn Financial Advisers LLP
James Caithie/Liam Murray +44 (0) 20 7213 0880
Broker:
Peterhouse Corporate Finance
Lucy Williams +44 (0) 20 7469 0930

This information is provided by RNS

The company news service from the London Stock Exchange

END

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