Investment in Sportsdata Limited

23 December 2014 Guscio PLC ("Guscio" or the "Company" or the "Group") Investment in Sportsdata Limited The Company is pleased to announce that, in line with its investing policy that was approved by shareholders on 8 September 2014, it has entered into an agreement to provide a £125,000 nominal unsecured Convertible Loan Note (the "Loan") to Sportsdata Limited ("Sportsdata" or the "The Borrower"). Sportsdata, a recently incorporated private technology company, has developed and implemented a website application for the purposes of monitoring and improving the physical literacy of children. The website had been developed with Youth Sports Trust ("YST"), a leading charity for sports-driven and educational programmes, who have developed the educational content. The resulting programme, with which Sportsdata has entered into a collaboration agreement with, is Skills2Achieve. The principle objective of the collaboration agreement between Sportsdata and YST is to sell a license to primary schools throughout the United Kingdom, enabling them to operate the website via the Skills2Achieve Programme. This collaboration agreement between the two parties in conjunction with the well-established presence of YST in the primary school sector, suggests a highly beneficial competitive advantage in successfully securing licenses with primary schools. The Convertible Loan Note is repayable on the first anniversary of drawdown and has an annual interest rate of five per cent. which is payable on a quarterly basis. The Company is entitled to convert the Loan into ordinary shares ("Ordinary Shares") of Sportsdata at a valuation equivalent to £1.125 million (the "Conversion Price"). Further to this, the conversion agreement also incorporates anti-dilution provisions in the event Sportsdata raises capital from other sources. FOR FURTHER INFORMATION, PLEASE CONTACT: For further additional information please contact: Guscio PLC Tony Humphreys / Marcus Yeoman 020 3053 1897 Sanlam Securities UK Limited Simon Clements / Virginia Bull 020 7628 2200 Peterhouse Corporate Finance Limited Lucy Williams / Eran Zucker 020 7469 0936
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