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Market Tech Holdings Ltd (MKT)     

dreamcatcher - 30 Dec 2014 20:19



Market Tech Holdings Limited is a Guernsey-based holding company. The Company, through its subsidiaries, combines real estate assets with an e-commerce business operated through an online platform called market.com. Its real estate assets business is focused on retail, leisure and entertainment. The Company owns approximately 11 acres of real estate assets in Camden, including various markets located in Camden Town, Hawley Wharf (also known as Camden Lock Village), Union Street Market (also known as Buck St Market or Camden Market) and Camden Lock Market. The Company also owns separate real estate assets on Camden High Street, Jamestown Road and Kentish Town Road.

Market Tech Holdings, which is backed by Israeli billionaire Teddy Sagi
Sagi steered Market Tech to AIM after buying the Camden Stables Market site for 400 million pounds in March and Camden Lock Market for 100 million pounds in October.
This will be Sagi’s third London IPO this year, with SafeCharge and Crossrider currently trading above their issue prices.

Expected first date of trading: 22/12/2014
Market: AIM



Chart.aspx?Provider=EODIntra&Code=MKT&SiChart.aspx?Provider=EODIntra&Code=MKT&Si

dreamcatcher - 09 Jul 2015 17:37 - 17 of 21

Placing of shares
RNS
RNS Number : 6418S
Market Tech Holdings Limited
09 July 2015

THIS ANNOUNCEMENT (INCLUDING THE APPENDIX) IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, BY ANY MEANS OR MEDIA, IN OR INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.



Market Tech Holdings Limited

("Market Tech" or "the Company")



Placing by way of an accelerated bookbuild of up to 90,000,000 Placing Shares



Summary of the Placing

· Placing of up to a maximum of 90,000,000 Ordinary Shares with the price per Placing Share to be determined through an accelerated bookbuild

· The maximum number of Placing Shares being offered in the Placing represents approximately 23.8 per cent. of the Existing Shares (assuming no conversion of Convertible Bonds into Ordinary Shares before AIM Admission)

· Citwax, the Company's largest Shareholder with an interest in 85.6 per cent. of the Existing Shares, have expressed an interest to subscribe for up to 12.5 per cent. of the Placing Shares. If the Placing is fully subscribed Citwax will hold approximately 71.5 per cent. of the Enlarged Issued Share Capital (assuming no conversion of Convertible Bonds into Ordinary Shares before AIM Admission)

· Market Tech has appointed Shore Capital and Canaccord Genuity as Joint Global Coordinators and Joint Bookrunners and Berenberg as Joint Bookrunner to the Placing

· The Placing will be conditional on, amongst other things, Shareholder approval at the Extraordinary General Meeting

· Books are open with immediate effect

· The Appendix to this announcement contains the detailed terms and conditions of the Placing

Rationale for the Placing

· Funds raised are to be used for, amongst other things, the development of the Group's assets and for general corporate purposes

· Completion of the Placing is intended to assist the Company in satisfying the FCA's requirement that 25% of the Ordinary Shares for which admission to the Official List is sought are held in public hands in order to progress the Main Market Admission

· The Placing is also part of the longer term financing strategy for the Company based around the appropriate mixture of equity and debt to meet the Company's growth ambitions, evidenced by the agreed headline terms with third party debt providers for a substantial debt package announced on 8 July 2015

dreamcatcher - 29 Jul 2015 16:32 - 18 of 21

Acquisition Update
RNS
RNS Number : 3697U
Market Tech Holdings Limited
29 July 2015

Market Tech Holdings Limited



("Market Tech" or "the Company")





Acquisition update





Market Tech (AIM: MKT), the holding company that combines 14 acres of London real estate assets, including the iconic main Camden Markets, with a technology and e-commerce business, announces that further to the announcement on 18 June 2015, the acquisition of 1-11 Hawley Crescent NW1 is now intended to complete on 10 August 2015.



dreamcatcher - 05 Aug 2015 07:48 - 19 of 21

Development update

dreamcatcher - 10 Aug 2015 16:42 - 20 of 21

Completion of Acquisition
RNS
RNS Number : 6144V
Market Tech Holdings Limited
10 August 2015

Market Tech Holdings Limited



("Market Tech" or "the Company")



Completion of Acquisition





Further to the announcement on 18 June 2015, Market Tech (AIM: MKT), the holding company that combines 14 acres of London real estate assets, including the iconic main Camden Markets, with a technology and e-commerce business, is pleased to announce the completion of the acquisition of 1-11 Hawley Crescent NW1.



dreamcatcher - 02 Oct 2015 16:20 - 21 of 21

Lease arrangements with related parties
RNS
RNS Number : 1097B
Market Tech Holdings Limited
02 October 2015





Market Tech Holdings Limited



("Market Tech" or the "Company")



Lease arrangements with related parties



Market Tech Holdings Limited (MKT: AIM), the holding company that combines 14 acres of London real estate assets, including the iconic main Camden Markets, with a technology and e-commerce business, announces that the Group has agreed leases for units at Utopia Village with: (i) Raftech Services Limited; (ii) Safecharge (UK) Ltd and (iii) Visual DNA, part of the Imagini Europe Limited group of companies. Each of the leases with Raftech and Safecharge will be for an initial one year term and the leases with Visual DNA will each be for an initial term of three years. The leases have an annual rent of £129,285, £121,420 and £161,220 and £99,480 respectively. In addition, the Group has agreed to meet costs up to £25,000 in relation to Visual DNA's relocation costs.



The entry into each of the leases constitute related party transactions pursuant to Rule 13 of the AIM Rules for Companies ("AIM Rules") as (i) Raftech Services Limited is an "associate" for the purposes of the AIM Rules of Alon Shamir, a director of various of the Company's subsidiaries and (ii) Safecharge (UK) Ltd and Imagini Europe Limited are each an "associate" for the purposes of the AIM Rules of Citwax Investments Limited, a substantial shareholder (as defined in the AIM Rules) of the Company.



The Directors, having consulted with the Company's Nominated Adviser, Shore Capital, consider that the terms of the leases are fair and reasonable insofar as the Company's shareholders are concerned.



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