TechFinancials Inc.

Report Publication Announcement • Mar 16, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 9159H

TechFinancials Inc.

16 March 2018

16 March 2018

TechFinancials, Inc.

("TechFinancials, the "Company" or the "Group")

Notification of CEDEX token pre-sale event

TechFinancials is pleased to provide an update on significant progress at Cedex Holdings Ltd ("CEDEX"), a company in which it currently has a 2 per cent interest and an option to acquire a further 90 per cent., which would give TechFinancials up to 92 per cent. of CEDEX or 87.4 per cent on a fully diluted basis. CEDEX is a blockchain-based on-line exchange for diamonds.

As scheduled, CEDEX will launch its token pre-sale event today, 16 March 2018 at 10.00am. CEDEX has set the sale price of the CEDEX coins at 1 Ether = 900 CEDEX coins.

The CEDEX management team has indicated that there is strong demand from potential participants in the event, which is expected to last up to 10 days.

The progress of the pre-sale and its performance can be viewed online via the CEDEX website: www.cedex.com

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For further information:

TechFinancials, Inc.
Asaf Lahav, Group Chief Executive Officer
Yuval Tovias, Chief Financial Officer	www.techfinancials.com

Grant Thornton UK LLP (Nominated Adviser)
Colin Aaronson / Samantha Harrison	Tel: +44 (0) 20 7383 5100

Northland Capital Partners Limited (Joint Broker)
David Hignell/ John Howes	Tel: +44 (0) 20 3861 6625

Peterhouse Corporate Finance (Joint Broker)
Lucy Williams / Eran Zucker	Tel: +44 (0) 20 7469 0932

Media enquiries:

Yellow Jersey (Media Relations)
Charles Goodwin / Katie Bairsto	Tel: +44 (0) 7748 843 871

About TechFinancials

TechFinancials, Inc (AIM: TECH) is a leading innovator and supplier of financial trading solutions for retail clients. The Group operates a B2B division licensing white label trading platform solutions to online brokers. In addition, the Company operates a B2C division operating trading platform incorporating a strategic joint venture focusing on solutions for traders in the Asia Pacific region.

Further information can be found at http://techfinancials.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUVVARWOAOAUR