Issue of Equity

Guscio plc / Index: AIM / Epic: GUSC.L / Sector: Software

6 July 2016

Guscio plc

(“Guscio”, the “Company” or the “Group”)

Issue of Equity

Guscio plc, the technology company focused on programmes in physical literacy and sporting assessment, announces that it has issued 125,000 new ordinary shares of 0.1 pence (“Ordinary Shares”) at a price of 4 pence per share as payment to an adviser in lieu of fees. The issue price is the price at which the Company’s most recent fundraising was completed on 24 May 2016.

Application will be made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on AIM (“Admission”). The shares will rank pari passu in all respects with the Company's existing Ordinary Shares. It is expected that Admission will become effective and that trading in the new Ordinary Shares will commence at 8.00am on or around 12 July 2016.

Total voting rights

Following Admission of the above new Ordinary Shares, the Company's enlarged issued share capital will comprise of 135,304,535 Ordinary Shares of 0.1 pence each with voting rights. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

**ENDS**

For further information, please visit http://www.guscioplc.com/ or contact:

Gail Ganney
Richard Thompson
Guscio plc Tel: +44 (0) 1707 659111
Duncan Vasey
Lucy Williams
Peterhouse Corporate Finance Tel: +44 (0) 20 7220 9797
Virginia Bull
James Reeve
Liz Kirchner
Graham Bell
Allenby Capital Limited Tel: +44 (0) 20 3328 5659
Lottie Brocklehurst
Grace-Anne Marius
St Brides Partners Tel: +44 (0) 20 7236 1177

Notes to Editors

Guscio plc is an AIM quoted company.  Its strategy is to develop technology platforms focused on physical literacy and active learning for young people and for the assessment of progress in sport.  The Directors believe that the Company has a first-mover advantage through its two revenue generating subsidiaries, which have proprietary technology in this sector:

  • Sportsdata - a web-based programme, skills2achieve, which can track and assess progress in physical literacy in schools; and
  • Dataplay - a white-label platform for the tracking, assessment and evidencing of impact in sports.

Importantly, it has a key partner in the Youth Sport Trust, a leading independent charity devoted to changing young people’s lives through sport.

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