TechFinancials Inc. Confirmation of Sole Broker (6481O)

TIDMTECH

RNS Number : 6481O

TechFinancials Inc.

31 January 2019

31 January 2019

TechFinancials, Inc.

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

Confirmation of Sole Broker

TechFinancials (AIM: TECH), a fintech software provider of financial solutions including blockchain-based digital assets and traditional financial trading solutions for retail clients, announces that Peterhouse Capital Limited will act as sole broker to the Company with immediate effect. Peterhouse Capital Limited is also the Company's Corporate Adviser on the NEX Growth Market.

For further information:

 
 TechFinancials, Inc.                            Tel: [phone] 
                                                        943 
 Asaf Lahav, Group Chief Executive Officer 
 Yuval Tovias, Chief Financial Officer 
 
 
 Grant Thornton UK LLP (Nominated Adviser)     Tel: [phone] 
                                                               5100 
 Colin Aaronson / Samantha Harrison / Seamus 
  Fricker 
 
 
 Peterhouse Capital Limited (Broker)   Tel: [phone] 
                                                       0930 
 Fungai Ndoro / Eran Zucker 
 

Media enquiries:

 
 Yellow Jersey PR Limited (Media Relations)   Tel: [phone] 
                                                                871 
 Felicity Winkles / Charles Goodwin 
 
 

About TechFinancials

TechFinancials, Inc (AIM: TECH) is a fintech software provider of financial trading solutions, including blockchain-based digital assets and traditional 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.

In December 2018, the Company signed a binding agreement with Footies Tech Ltd, a ticketing venture for sports venues and teams, to license its technological blockchain infrastructure and established a new company to develop and market a blockchain based ticketing solution and event economics management system. The new venture is underway and is focused on enabling sports organisations to take full control over their ticket path once issued, including secondary market trading configuration and enforcement. The ultimate vision is to fully digitise sport clubs match day experience to economically benefit both fans and football clubs. Notably, ex-CEO of Liverpool Football Club Ian Ayre is Chairman of the new company and venture.

Additionally, TechFinancials holds a 2% interest and an option to acquire a further 90 % in CEDEX, a blockchain-based on-line exchange for diamonds, which would give TechFinancials up to 92 % of CEDEX or 87.4 % on a fully diluted basis.

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

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January 31, 2019 02:01 ET (07:01 GMT)