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    Angle PLC  349  0 Kommentare Transfer of Lock-in Shares

    GUILDFORD, SURREY--(Marketwired - Dec 12, 2017) - Angle PLC (AIM: AGL) (OTCQX: ANPCY)

    For immediate release 12 December 2017

    ANGLE plc ("the Company")

    Transfer of Lock-in Shares

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    ANGLE plc (AIM:AGL OTCQX:ANPCY), a world-leading liquid biopsy company, announces that further to the announcement of 16 November 2017, finnCap and WG Partners have given their written consent to allow Covington to transfer the 4,579,169 Ordinary Shares subject to the Covington Lock-in Deed (the "Lock-in Shares") to Dermot Keane, an existing significant shareholder in the Company.

    Dermot Keane has entered into an equivalent agreement to the Covington Lock-in Deed, pursuant to which he has agreed to not dispose of any interest in the Lock-in Shares for a period of 18 months from 16 November 2017, save for: prior written consent being received from finnCap and WG Partners; or to a connected person of Dermot Keane; or in acceptance of any takeover offer; or where required by law or pursuant to an intervening court order.

    The transfer of the Lock-in Shares was agreed between Covington and Dermot Keane as an off-market transaction at a price of 36 pence per Lock-in Share.

    ANGLE Founder and Chief Executive, Andrew Newland, commented:
    "We are pleased that one of our significant shareholders has further demonstrated his long term support for ANGLE and agreed terms with Covington for the Lock-in Shares assisting them to address the near-term redemption obligations of the Covington Fund II."

    Capitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to such terms in the announcement entitled "Acquisition and Fundraising" released on 5 October 2017 unless the context requires otherwise.

    For further information ANGLE:
         
    ANGLE plc   +44 (0) 1483 343434
    Andrew Newland, Chief Executive    
    Ian Griffiths, Finance Director    
         
    finnCap Ltd (NOMAD and Joint Broker)   +44 (0) 20 7220 0500
    Corporate Finance - Adrian Hargrave, Simon Hicks, Kate Bannatyne    
    Corporate Broking - Alice Lane, Nikita Jain    
         
    WG Partners (Joint Broker)   +44 (0) 203 705 9330
    Nigel Barnes, Nigel Birks, Andrew Craig, Chris Lee    
         
    FTI Consulting    
    Simon Conway, Mo Noonan, Stephanie Cuthbert   +44 (0) 203 727 1000
    Kimberly Ha (US)   +1 212 850 5612

    For Frequently Used Terms, please see the Company's website on http://www.angleplc.com/the-parsortix-system/glossary/

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    Angle PLC Transfer of Lock-in Shares GUILDFORD, SURREY--(Marketwired - Dec 12, 2017) - Angle PLC (AIM: AGL) (OTCQX: ANPCY) For immediate release 12 December 2017 …

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