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AUGMENTUM FINTECH PLC

Capital/Financing Update Aug 3, 2018

4995_rns_2018-08-03_903d79ac-0f36-4c94-accc-fcf5fa9057ef.html

Capital/Financing Update

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Augmentum Fintech Plc - Portfolio Update

PR Newswire

London, August 2

3 August 2018

Augmentum Fintech plc

Portfolio Company Fundraising

Augmentum Fintech plc (LSE: AUGM) (“the Company”) announces that a fundraising announced today by pioneering financial services company Zopa implies a revised valuation of the Company's investment in Zopa at approximately £22.0 million. This would represent an uplift of £3.5 million or 3.7 pence per share over the carrying value of £18.5 million in the Net Asset Value ("NAV") of the Company on admission. Zopa will be formally revalued by the Company at the end of the interim period ending 30 September 2018.

Ends.

For further information on the Company, please contact:

Augmentum Fintech plc

Tim Levene

Richard Matthews

Nigel Szembel
[email protected] 

+44 (0)20 3961 5420
Fidante Capital

Tom Skinner

Nick Donovan
+44 (0)20 7832 0900
Newgate Communications

Bob Huxford

Robin Tozer
[email protected]

+44 (0)20 3757 6867

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