TIDMBOS
RNS Number : 4903R
BOS GLOBAL Holdings Limited
21 September 2017
BOS GLOBAL Holdings Limited
ACN 009 087 852
AIM Release
21(st) September 2017
New Significant Shareholders and Substantial Shareholder
Dealings
BOS GLOBAL Holdings Limited ("BOS GLOBAL" or "the Company")
(AIM: BOS), the software developer focused on improving
productivity and creating operational efficiencies in the workplace
with "Workplace Analytics", wishes to advise that it has today
received notifications from new parties, being National Accounts
Pty Ltd ATF Bluerock Ventures Trust, Mr Will Giles, and Scorus
Capital Innovations Pty Ltd and Scorus Capital Pty Ltd together re
significant positions in the Company. These entities purchased
ordinary shares in BOS GLOBAL ("BOS Shares") in a series of
off-market transactions from entities associated with Mr Michael
Travia (the "Travia Entities"), a Substantial Shareholder, at a
price of GBP0.09 per BOS Share (which represents a premium of 75.8%
to the closing price of BOS Shares on 20(th) September 2017).
Details of the new Significant Shareholders are as follows:
-- National Accounts Pty Ltd ATF Bluerock Ventures Trust
notified the Company on 21st September 2017 that it had acquired
3,150,000 BOS Shares at a price of GBP0.09 per BOS Share in an
off-market transaction on 18(th) September 2017, for a total
holding of 4,016,222 BOS Shares (representing 5.13% of the total
BOS Shares on issue);
-- Mr Will Giles notified the Company on 21st September 2017
that he had acquired 3,000,000 BOS Shares at a price of GBP0.09 per
BOS Share in an off-market transaction on 19(th) September 2017,
for a total holding of 5,000,000 BOS Shares (representing 6.39% of
the total BOS Shares on issue); and
-- Scorus Capital Innovations Pty Ltd and Scorus Capital Pty Ltd
notified the Company on 21st September 2017 that it had acquired
3,500,000 BOS Shares at a price of GBP0.09 per BOS Share in an
off-market transaction on 19(th) September 2017, for total holding
of for total holding of 4,202,938 BOS Shares (representing 5.37% of
the total BOS Shares on issue).
--
Notification was also received by the Company today of the
disposal of 10,450,000 BOS Shares by the Travia Entities from
18(th) - 19(th) September 2017 at a price of GBP0.09 per BOS Share
in a series of off-market transactions. These transactions bring
the Travia Entities holding to 23,450,271 BOS Shares, representing
29.98% of the total BOS Shares on issue.
This announcement contains inside information for the purpose of
Article 7 of the Market Abuse
Regulation (EU) No. 596/2014.
**ENDS**
For further information please visit www.bosglobal.com or
contact:
Adam Webb BOS GLOBAL Holdings Tel: +44 (0) 7825
Non-Executive Limited 443319
Director
David Ireland Tel: +61 (0)8 9322
Chairman 4071
=================== ===================== =====================
Andrew Thomson RFC Ambrian Tel: +61 (0) 8 9480
NOMAD Limited 2500
=================== ===================== =====================
Charles Goodfellow Peterhouse Corporate Tel: +44 (0) 20 7220
/ Lucy Williams Finance Limited 9791
Broker
=================== ===================== =====================
Megan Dennison St Brides Partners Tel: +44 (0) 20 7236
/ Charlotte Page Ltd 1177
Financial PR
=================== ===================== =====================
About BOS GLOBAL
BOS GLOBAL is a Software Company dedicated to making workforces
more productive.
It does this through its patented platform built to capture and
analyse activities as a smart way to help individuals to achieve
greater levels of efficiency.
The platform known as BOS360 Work Patterns Platform as a Service
('BOS360 PaaS') launched in May 2017, is unique in its ability to
digitally render real time views of productivity in the form of
Work Patterns at an individual, team or organisation level.
The platform comprises of three main business competencies;
1. Workplace Automation - How digital information (records and
documents) is managed in the workplace.
2. Workforce Productivity - How people are spending their time at work
3. Workplace Integrity - How workplace information is secured and validated.
Each of these competencies are supported by a range of
enterprise grade software products designed to perform a specific
set of workforce functions. These products also act as both
collectors and feeders of information to the BOS360 PaaS for use in
the generation of Work Pattern reports and Workforce Analytics.
Since May 2017, BOS GLOBAL has six revenue generating products -
BOS Meet, BOS Time, BOS360 PaaS and BOS Automate Suite since its
first product launch (BOS Meet) in December 2016. For more
information of how BOS GLOBAL products can help your workforce
increase efficiency and productivity visit www.bos-360.com
BOS GLOBAL aims to generate re-occurring income through
subscriptions of its BOS360 PaaS and supporting products, as well
as through licensing of its patented Work Pattern technology. The
Company's sales strategy is focused on building a global
distribution partner network via Enterprise Software Vendors,
Professional Services organisations and Consulting Practices.
The Company has a 40% equity interest in Call Design Pty Ltd, a
profitable, Australian based, global provider of workforce
management, focused particularly on call centre services, which has
an established blue chip client base. This highly synergistic
investment is expected to provide multiple cross-selling
opportunities to both companies in line with BOS GLOBAL's strategy
to deliver a comprehensive business optimisation offering globally.
This investment includes the 1st Rights of Offer and Refusal for
BOS GLOBAL to acquire the balance of Call Design on the same
financial terms as the initial 40% investment
Call Design sets a new standard for Workforce Management, while
BOS GLOBAL's software sets a new standard for Workforce Efficiency.
Both products will be offered through BOS360 PaaS, setting a new
standard for Workforce Analytics to give companies greater control
in making informed, fact-based decisions on their operational
activities; Workforce Analytics is a combination of software and
methodology that applies statistical models to worker-related data,
allowing enterprise leaders to optimise human and machine
resources.
BOS GLOBAL Holdings Limited is an AIM listed company
incorporated in Australia, operating from offices in Melbourne and
Sydney. The Company also has a regional office in Hong Kong,
responsible for the Asia-Pacific region.
The Company is working towards increasing its representation in
Europe, the Middle East and Africa ("EMEA") and North America with
that of Call Design.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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