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

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.