Issue of Equity

2 October 2015

Guscio PLC

("Guscio" or the "Company")

Issue of Equity

The Company is pleased to announce that it has raised £382,995.12 (before expenses) through a placing via its broker, Peterhouse Corporate Finance, of 19,149,756 new ordinary shares of 0.1p each ("New Ordinary Shares") at a price of 2p per ordinary share ("the Placing").

The proceeds of the Placing will be used for working capital purposes and the funding of due diligence procedures into potential investment opportunities.

Hargreave Hale Limited (“Hargreave Hale”) has invested £49,600 for 2,480,000 Ordinary Shares. Following this investment, Hargreave Hale’s total holding will be 4,858,733 Ordinary Shares, equivalent to 13.81 per cent. of the enlarged share capital of the Company. Hargreave Hale currently holds 2,378,733 Ordinary Shares in the Company, equivalent to 14.84 per cent. of the current issued share capital of the Company. Therefore, as a substantial shareholder in the Company, Hargreave Hale’s participation in the Placing also constitutes a related party transaction under the AIM Rules. The Directors of the Company, having consulted with Sanlam Securities UK Limited, the Company's Nominated Adviser, consider that Hargreave Hale’s participation in the Placing is fair and reasonable insofar as shareholders are concerned.

Application will be made to the London Stock Exchange for the Placing Shares to be admitted to trading on AIM. As trading in the Company’s Ordinary Shares on AIM is currently suspended, there is no guarantee that the Placing Shares will be admitted to trading on AIM until such time as the suspension is lifted.

Following the issue of the New Ordinary Shares, and for the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital on Admission will consist of 35,178,227 Ordinary Shares.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

FURTHER ENQUIRIES

Guscio PLC
Tony Humphreys / Marcus Yeoman 020 3053 1897
Sanlam Securities UK Limited
Virginia Bull / Simon Clements 020 7628 2200
Peterhouse Corporate Finance Limited
Lucy Williams / Eran Zucker 020 7469 0936
UK 100

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