FireAngel Safety Technology Group plc

(‘FireAngel’, the ‘Company’ or the ‘Group’)

Open Offer Application Procedure

Further to its announcement of 23 March 2020, FireAngel (AIM: FA.), one of Europe’s leading developers and suppliers of home safety products, announces the availability of an additional means of application under the Open Offer for Qualifying Non-CREST Shareholders who wish to apply to acquire all or any of the Open Offer Shares to which they are entitled in light of the rules recently published by the UK Government in relation to the COVID-19 pandemic.

Completed Application Forms may now be scanned and sent electronically via email to the Company’s Registrars at info@nevilleregistrars.co.uk, with the original completed Application Form to follow via post using the accompanying reply-paid envelope or by hand (during normal office hours only) to Neville Registrars Limited, Neville House, Steelpark Road, Halesowen B62 8HD (who are acting as Receiving Agent in relation to the Open Offer). The completed and scanned Application Forms must be received by the Receiving Agent by no later than 11.00 a.m. on 8 April 2020, after which time scanned Application Forms will not be accepted (subject to certain exceptions as set out in paragraph 4.1(c) of Part 3 of the Circular). Neither the Company nor Neville Registrars Limited accept any liability for emails sent by a Qualifying Non-CREST Shareholder but not received by the Receiving Agent by such time. Qualifying Non-CREST Shareholders should note that applications, once made, will be irrevocable and receipt thereof will not be acknowledged. 

Qualifying Non-CREST Shareholders should note that if completed Application Forms are scanned and sent via email to the Receiving Agent at the above email address, they should request the relevant bank details from the Receiving Agent so they may remit their funds via electronic transfer to be received by no later than 11.00 a.m. on 8 April 2020, after which time the funds will be returned to the sender and the corresponding application will be invalid. For the avoidance of doubt, the original completed Application Form does not need to be received by the Receiving Agent by 11.00 a.m. on 8 April 2020 if a scanned Application Form has been sent, but a scanned Application Form and their corresponding funds will need to have been received by such time in order for their application to be treated as valid.

For all enquiries in connection with the procedure for application and completion of the Application Form, including to request the relevant bank details ahead of submitting scanned Application Forms, please contact Neville Registrars Limited on 0121 585 1131. Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. The helpline is open between 9.00 a.m. and 5.00 p.m., Monday to Friday excluding public holidays in England and Wales. Please note that Neville Registrars Limited cannot provide any financial, legal or tax advice and calls may be recorded and monitored for security and training purposes.

Capitalised terms in this announcement have the same meaning as given in the Circular posted to Shareholders on 23 March 2020.

For further information, please contact: 

Notes to Editors

About FireAngel Safety Technology Group plc

FireAngel’s mission is to protect and save lives by making innovative, leading-edge technology home safety products which are simple and accessible.

FireAngel’s principal products are smoke alarms, CO alarms, heat alarms and accessories.  The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories.  Products are sold under FireAngel’s leading brands of FireAngel, FireAngel Pro, FireAngel Specification and AngelEye.

For further product information, please visit: www.fireangeltech.com

IMPORTANT INFORMATION

Shore Capital and Corporate Limited (“Shore Capital & Corporate”), which is authorised and Regulated in the UK by the FCA, is acting as nominated adviser to the Company in connection with the matters described in this announcement and is not acting for any other persons in relation to the Fundraising and Admission. Shore Capital & Corporate is acting exclusively for the Company and for no one else in relation to the contents of this announcement and persons receiving this announcement should note that Shore Capital & Corporate will not be responsible to anyone other than the Company for providing the protections afforded to clients of Shore Capital & Corporate or for advising any other person on the arrangements described in this announcement. The responsibilities of Shore Capital & Corporate as the Company’s nominated adviser under the AIM Rules for Companies and the AIM Rules for Nominated Advisers are owed solely to the London Stock Exchange and are not owed to the Company or to any Director, Shareholder or other person in respect of his decision to acquire shares in the capital of the Company in reliance on any part of this announcement and/or the Application Form, or otherwise.

Shore Capital Stockbrokers Limited (“Shore Capital Stockbrokers” and together with Shore Capital & Corporate, “Shore Capital”), which is authorised and regulated in the UK by the FCA, is acting as broker to the Company in connection with the matters described in this announcement and is not acting for any other persons in relation to the Fundraising and Admission. Shore Capital Stockbrokers is acting exclusively for the Company and for no one else in relation to the contents of this announcement and persons receiving this announcement should note that Shore Capital Stockbrokers will not be responsible to anyone other than the Company for providing the protections afforded to clients of Shore Capital Stockbrokers or for advising any other person on the arrangements described in this announcement. The responsibilities of Shore Capital Stockbrokers as the Company’s broker under the AIM Rules for Companies are owed solely to the London Stock Exchange and are not owed to the Company or to any Director, Shareholder or other person in respect of his decision to acquire shares in the capital of the Company in reliance on any part of this announcement and/or the Application Form, or otherwise.

This announcement contains (or may contain) certain forward-looking statements with respect to certain of the Company’s current expectations and projections about future events. These statements, which sometimes use words such as “anticipate”, “believe”, “intend”, “estimate”, “expect” and words of similar meaning, reflect the Directors’ beliefs and expectations and involve a number of risks, uncertainties and assumptions that could cause actual results and performance to differ materially from any expected future results or performance expressed or implied by any such forward-looking statement. Statements contained in this announcement regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The information contained in this announcement is subject to change without notice and neither Shore Capital nor, except as required by applicable law, the Company assumes any responsibility or obligation to update publicly or review any of the forward-looking statements contained herein. You should not place undue reliance on forward-looking statements, which speak only as of the date of this announcement.

A circular (and, in the case of Qualifying Non-CREST Shareholders, an Application Form) in connection with the Open Offer and containing details of the Fundraising, was posted to Shareholders on 23 March 2020.