GUNSYND PLC

AGM Information • May 4, 2020

National Storage Mechanism | Additional information

RNS Number : 8550L

Gunsynd PLC

04 May 2020

Gunsynd plc

("Gunsynd" or the "Company")

Result of GM and Consolidation of Existing Ordinary Shares

The Directors of Gunsynd (AIM: GUN, AQSE: GUN) announces that, at the General Meeting of the Company held earlier today, the resolution put to the meeting was duly passed.

Consolidation of Existing Ordinary Shares

At the GM of the Company held today, the Company sought shareholder approval for consolidation of its Existing Ordinary Shares, as defined in the Notice of GM send to Shareholders on 16 April 2020, such that every 85 Existing Ordinary Shares of 0.001 pence each will be consolidated into 1 New Ordinary Share of 0.085 pence. Such New Ordinary Shares will have the same rights and be subject to the same restrictions (save as to par value) as the Existing Ordinary Shares.

Following the passage of the resolutions at the GM today, 6,334,275,841 Existing Ordinary Shares of 0.001 pence each in issue in the capital of the Company, together with the 64 additional Ordinary Shares issued on 1 May 2020 to ensure the Company's issued ordinary share capital is divisible by 85, will be consolidated into 74,520,893 New Ordinary Shares of 0.085 pence each.

Admission to AIM

The Consolidation of Existing Ordinary Shares is conditional upon the New Ordinary Shares being admitted to AIM. It is expected that Admission will become effective at 8.00 am on or around 5 May 2020. Following Admission, the Company's issued share capital will comprise 74,520,893 ordinary shares with voting rights. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

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.

For further information please contact:

Gunsynd plc Hamish Harris	+44 20 7440 0640
Cairn Financial Advisers LLP James Caithie / Liam Murray	+44 20 7213 0880
Peterhouse Corporate Finance Lucy Williams	+44 20 7469 0930

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