2 May 2017
GATE VENTURES PLC, NASDAQ FIRST NORTH, COPENHAGEN
TICKER: GATE
Gate Ventures PLC
Settlement through VP Securities A/S
Gate Ventures PLC (»GATE« or the »Company«) announces that following admission of its shares to trading on Nasdaq First North, Copenhagen (»Nasdaq«) on 16 December 2016, it has today signed an agreement with VP Securities A/S (»VP«) to make its shares available for settlement through the VP system, the Danish central securities depository.
The agreement will enable GATE to make existing dematerialized securities available for trading on Nasdaq and settlement through the VP system in order to fully connect with the Danish and International financial community active on Nasdaq Copenhagen.
The Agreement governs those of the Issuers securities that are immobilized. The securities are at any time issued and registered in the Issuer's primary CSD, Euroclear UK & Ireland Ltd. (»CREST«). Only securities issued and registered by VP may be traded on First North. The purpose of the Agreement is to procure that securities can be transferred to VP in order for VP to issue and register a corresponding book-entry in the VP-system, available for trading on First North and settlement thereof in the VP-system.
The Company notes that trading in its shares over-the-counter will continue to be available for settlement through the CREST system.
If GATE shareholders would like to cross-border shares into the VP system in order to make them available for trading, they should contact their stockbroker or the Company directly.
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Further Enquiries:
Gate Ventures PLC assistance@gateplc.com
Keswick Global AG (Certified Adviser) info@keswickglobal.com
+43 1 740 408045
Rossen & Company ApS (Financial PR) +45 20729972
Nic. Rossen nic@rossen.com
Philip Sørensen ph@rossen.com
Notes to Editors:
Gate Ventures was founded in 2015 to make investments and capitalise on investment opportunities in the media and entertainment sectors. The Company focuses primarily on investments and operational opportunities in the UK and China covering theatre, television, media technology and e-commerce.
The Company's investments include various theatre productions such as the successful Sunset Boulevard and the upcoming highly anticipated 42nd Street, virtual reality (»VR«), and technology companies Bink and PlayJam amongst many others. Gate Ventures has made a total of ten investments since it was established, and to date, has successfully raised over €19 million reflecting the Company's significant growth thus far.
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