TIDMAC8

RNS Number : 5838F

Acceler8 Ventures PLC

19 July 2021

19 July 2021

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA ("EEA") (OTHER THAN ANY MEMBER STATE OF THE EEA WHERE SECURITIES MAY BE LAWFULLY MARKETED) OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER TO ISSUE OR SELL, OR ANY SOLICITATION OF ANY OFFER TO SUBSCRIBE OR PURCHASE, ANY INVESTMENTS IN ANY JURISDICTION.

This announcement is not an advertisement for the purposes of the Prospectus Rules of the UK Financial Conduct Authority ("FCA") and not a prospectus and not an offer to sell, or a solicitation of an offer to subscribe for or to acquire securities. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not purchase or subscribe for any transferable securities referred to in this announcement except on the basis of information contained in the prospectus (the "Prospectus") which has been published by Accler8 Ventures Plc in connection with the proposed admission of its ordinary shares to the standard listing segment of the Official List maintained by the FCA and to trading on the London Stock Exchange plc's main market for listed securities. Copies of the Prospectus are available for inspection from www.acceler8.ventures

Acceler8 Ventures Plc

First Day of Dealings

Acceler8 Ventures Plc, (LSE: AC8, "AC8", or the "Company") the Jersey-based acquisition company, announces the admission of its entire share capital to trading on the London Stock Exchange. Admission will take place and dealing will commence at 8.00 a.m. today under the ticker AC8 and ISIN JE00BNG2DL20.

AC8 was established in 2021 to undertake one or more investment and / or acquisition opportunities of businesses operating within the UK or internationally across certain sectors. These include gaming, media and entertainment, software and technology, industrials and business services.

The Company raised GBP750,000 to support AC8's initial M&A search and diligence activities, in pursuit of its first transaction.

AC8 is led by David Williams as Non-Executive Chairman. Giles Willits is also a Non-Executive Director. Both have substantial experience in executing accelerated buy-and-build growth strategies.

The Company's Prospectus is available to view on its website at www.acceler8.ventures

David Williams , Non-Executive Chairman, commented:

"We see a number of opportunities to acquire and develop businesses, domestically and internationally. A London listed vehicle provides us with access to capital to fund acquisitions and offers target company vendors a credible and attractive transaction alternative to private capital."

Enquiries :

 
 Tessera Investment Management 
  Limited 
 Tony Morris                      +44 (0) 7742 189145 
                                 -------------------- 
 
 Meare Consulting 
                                 -------------------- 
 Adrian Duffield                  +44 (0) 7990 858548 
                                 -------------------- 
 

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July 19, 2021 02:00 ET (06:00 GMT)

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