Boxhill Technologies PLC Update on Market Access ForEX Business (7492P)
May 31 2018 - 2:00AM
UK Regulatory
TIDMBOX
RNS Number : 7492P
Boxhill Technologies PLC
31 May 2018
31 May 2018
BOXHILL TECHNOLOGIES PLC
("Boxhill", the "Group" or the "Company")
Update on Market Access ForEX Business
Market Access Limited, the Group's recently established foreign
exchange business has introduced a commission sharing referral
arrangement for financial and business service professionals to
help accelerate growth. Hyman Capital Services Limited, a company
controlled by Clive Hyman who is a Director of the Company, has
entered into a referral agreement on the same commission and other
terms as other introducers.
Related Party Transaction
A proposed transaction by Hyman Capital Services Limited with
Market Access Limited is a related party transaction under the AIM
Rules for Companies. The Board, other than Mr Hyman, consider,
having consulted with Allenby Capital Limited, the Company's
nominated adviser, that the terms of the transaction is fair and
reasonable insofar as its shareholders are concerned.
For further information, contact:
Boxhill Technologies PLC 020 7493 9644
Lord Razzall, Executive Chairman
Website www.boxhillplc.com
Allenby Capital Limited (Nomad & Broker)
John Depasquale/Nick Harriss 020 3328 5656
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END
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