RNS Number : 3678K
GS Chain PLC
04 May 2022
NOT FOR RELEASE, DISTRIBUTION, PUBLICATION, DIRECTLY OR
INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED
STATES, CANADA, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH
AFRICA, SWITZERLAND OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO
SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS
OF SUCH JURISDICTION.
This announcement is an advertisement for the purposes of the
Prospectus Regulation Rules of the Financial Conduct Authority
("FCA") and is not a prospectus nor an offer of securities for sale
nor a solicitation of or offer to acquire or a recommendation to
buy or sell securities in any jurisdiction, including without
limitation in or into the United States, Canada, Australia, New
Zealand, The Republic of South Africa, Switzerland or Japan.
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
subscribe for or purchase any shares referred to in this
announcement except solely on the basis of the information
contained in a prospectus in its final form as approved by the FCA
(together with any supplementary prospectus, if relevant, the
"Prospectus"), including the risk factors set out therein, to be
published by GS Chain plc ("GS Chain", the "Company" or the
"Group") on this date in connection with the proposed admission of
ordinary shares in the Company (the "Shares") to the standard
listing segment of the Official List of the FCA and to trading on
the main market for listed securities of the London Stock Exchange
plc ("London Stock Exchange"). A copy of the Prospectus will be
submitted to the National Storage Mechanism and be available for
inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and
available on the Company's website at https://gschain.world/
4 May 2022
GS Chain plc
("GS Chain", the "Company" or the "Group")
Publication of Prospectus and Intention to Float on the London
Stock Exchange
GS Chain, a company established with the purpose of undertaking
an acquisition or acquisitions of an interest in an operating
company or business in the technology sector ("Acquisition") is
pleased to announce the publication of the prospectus dated as of 4
May 2022, in connection with the admission of its ordinary shares
("the Shares") on the Main Market of the London Stock Exchange
("Admission").
A copy of the Prospectus is available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and
available on the Company's website at https://gschain.world/.
GS Chain intends to identify opportunities within the technology
sector, to conduct the necessary due diligence and subsequently
complete an Acquisition. While the Directors will consider a broad
range of technology sectors, those which the Directors believe will
provide the greatest opportunity and which the Directors will
initially focus on include the use of technologies in real estate,
banking, finance, fintech, telecommunications, automotive and
blockchain industries. The Directors may consider other sectors if
they believe such sectors present a suitable opportunity for the
Company.
The Company's objective is to generate attractive long term
returns for shareholders and to enhance value by supporting
sustainable growth, Acquisitions and performance improvements
within the acquired companies. The Directors will also use their
knowledge and experience across a wide range of industry sectors in
acquiring, investing and integrating businesses, which allows them
to assess the viability of acquisition opportunities and their
management teams, which is fundamental to finding the right
Acquisition.
The Company will apply for admission by way of a direct listing
of the Shares to the standard listing segment of the Official List
of the FCA and to trading on the Main Market of the London Stock
Exchange.
Enquiries:
GS Chain Contact details
Sanjay Nath +44 (0) 203 989 2217
Corporate Adviser
First Sentinel Corporate Finance Limited +44 (0) 7876 888
Brian Stockbridge 011
----------------------
IMPORTANT INFORMATION
The contents of this announcement have been prepared by and are
the sole responsibility of GS Chain.
The information contained in this announcement is for background
purposes only and does not purport to be full or complete, nor does
this announcement constitute or form part of any invitation or
inducement to engage in investment activity. No reliance may be
placed by any person for any purpose on the information contained
in this announcement or its accuracy, fairness or completeness. The
contents of this announcement are not to be construed as legal,
financial or tax advice.
This announcement is not for release, publication or
distribution, directly or indirectly, in or into the the United
States, Canada, Australia, New Zealand, the Republic of South
Africa, Switzerland or Japan or any other jurisdiction where to do
so might constitute a violation of the relevant laws or regulations
of such jurisdiction. The securities mentioned herein have not
been, and will not be, registered under the United States
Securities Act of 1933 (the "Securities Act").
The securities referred to in this announcement may not be
offered or sold in the United States except pursuant to an
exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act. There will be no
public offer of securities in the United States.
These materials do not constitute or form part of any offer or
invitation to sell or issue, or any solicitation of any offer to
purchase or subscribe for, any Shares or any other securities, nor
shall it (or any part of it), or the fact of its distribution, form
the basis of, or be relied on in connection with, any contract
therefore.
Accordingly, unless an exemption under any applicable law is
available, the securities may not be offered or sold directly or
indirectly, in the the United States, Canada, Australia, New
Zealand, the Republic of South Africa, Switzerland or Japan or any
other jurisdiction where to do so might constitute a violation of
the relevant laws or regulations of such jurisdiction .
This announcement is only addressed to and directed at: (A) if
in member states of the European Economic Area (the "EEA"), persons
who are "qualified investors" within the meaning of Article 2(e) of
the Prospectus Regulation (EU) 2017/1129 (as amended) ("Qualified
Investors"); and (B) if in the United Kingdom, persons who are (a)
both "qualified investors" within the meaning of the UK version of
the EU Prospectus Regulation (2017/1129/ EU) which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018 (the "UK
Prospectus Regulation") and either (i) persons who have
professional experience in matters relating to investments falling
within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005, as amended (the "Order") or (ii)
who are high net worth entities falling within Article 49(2)(a) to
(d) of the Order; or (b) other persons to whom it may otherwise
lawfully be communicated (all such persons under (a) and (b)
together being referred to as "relevant persons"). Any investment
or investment activity to which this announcement relates will be
available in the United Kingdom only to relevant persons and to
Qualified Investors in any member state of the EEA and will be
engaged in only with such persons.
This announcement may include forward-looking statements, which
are based on current expectations and projections about future
events. These statements may include, without limitation, any
statements preceded by, followed by or including words such as
"target", "believe", "expect", "aim", "intend", "may",
"anticipate", "estimate", "plan", "project", "will", "can have",
"likely", "should", "would", "could" and any other words and terms
of similar meaning or the negative thereof. These forward-looking
statements are subject to risks, uncertainties and assumptions
about GS Chain and its subsidiaries. In light of these risks,
uncertainties and assumptions, the events in the forward-looking
statements may not occur. Past performance cannot be relied upon as
a guide to future performance and should not be taken as a
representation that trends or activities underlying past
performance will continue in the future. No representation or
warranty is made or will be made that any forward-looking statement
will come to pass. The forward-looking statements in this
announcement speak only as at the date of this announcement.
Each of GS Chain, and their respective affiliates, expressly
disclaims any obligation or undertaking to update, review or revise
any forward-looking statements contained in this announcement and
disclaims any obligation to update its view of any risks or
uncertainties described herein or to publicly announce the results
of any revisions to the forward-looking statements made in this
announcement, whether as a result of new information, future
developments or otherwise, except as required by law.
The information in this announcement is subject to change.
Persons viewing this announcement should ensure that they fully
understand and accept the risks which will be set out in the
Prospectus, if published. Persons considering making investments
should consult an authorised person specialising in advising on
such investments.
For the avoidance of doubt, the contents of the Company's
website are not incorporated by reference into, and do not form
part of, this announcement.
S
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END
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(END) Dow Jones Newswires
May 04, 2022 13:29 ET (17:29 GMT)