Tekcapital plc Update on Lucyd Blockchain Token Generation Event (4645C)
22 Janvier 2018 - 8:00AM
UK Regulatory
TIDMTEK
RNS Number : 4645C
Tekcapital plc
22 January 2018
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the
publication of this announcement via a Regulatory Information
Service ("RIS"), this inside information is now considered to be in
the public domain.
22 January 2018
Tekcapital plc
("Tekcapital" or the "Company")
Update on Lucyd pte ltd Blockchain Token Generation Event
Tekcapital plc (AIM: TEK), the UK intellectual property (IP)
investment group focused on creating marketplace value from
university technology, is pleased to announce that Lucyd pte ltd
("Lucyd") has sold US$1.5m of Lucyd tokens during its on-going
token generation event ("TGE"). This is the minimum level of funds
to be raised under the TGE for it to proceed. The TGE will be
completed on or before 28 February 2018, whereupon Tekcapital will
update the market on the full proceeds Lucyd has received from the
event. Lucyd pte ltd is a subsidiary of Lucyd ltd, a Tekcapital
portfolio company.
Lucyd was established by Tekcapital in September 2017 to
commercialise a portfolio of 13 optical technology patents
exclusively licensed from the University of Central Florida, that
are designed to enable ergonomic, augmented reality ("AR")
'smartglasses'.
Lucyd pte ltd has formed strategic alliances with nine companies
to develop AR and security software for the smartglasses they are
developing. To learn more about Lucyd, please visit its website at
www.lucyd.co.
For further information, please contact:
Tekcapital Plc Via Walbrook PR
Clifford M. Gross, Ph.D.
Allenby Capital Limited (Nominated
Adviser & Joint Broker) +44 (0) 20 3328 5656
Jeremy Porter / Alex Brearley
Dowgate Capital Stockbrokers
(Joint Broker) +44 (0) 1293 517744
David Poutney / James Serjeant
Walbrook PR Ltd +44 (0) 20 7933 8780
Paul Cornelius / Helen Cresswell tekcapital@walbrookpr.com
/ Sam Allen
Tekcapital plc - The World's Largest University Network for Open
Innovation
Tekcapital's objective is to create value from investing in new,
university-developed intellectual properties. Additionally, using
its proprietary discovery search engine, linked to 4,500+
universities in 160 countries, coupled with expert scientific
review, Tekcapital provides a range of IP investment services to
make it easy for organisations to find, evaluate, acquire and
license university-developed technology. Tekcapital plc is quoted
on the AIM market of the London Stock Exchange (AIM: symbol TEK)
and is headquartered in Oxford, in the UK. For more information,
please visit www.tekcapital.com
LEI: 213800GOJTOV19FIFZ85
This information is provided by RNS
The company news service from the London Stock Exchange
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