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DJ Forbes Ventures Plc Investee Company Update

 
TIDMFOR 
 
16 November 2018 
 
                                Forbes Ventures 
 
                          ("Forbes" or the "Company") 
 
                            Investee Company Update 
 
Forbes is pleased to announce that it has been notified by its investee 
company, Civilised Bank Limited (the "Bank"), that the Bank has resubmitted its 
banking licence application to the Bank of England and successfully raised an 
additional GBP10.0 million. Forbes Ventures holds 4,545 ordinary shares in the 
Bank. 
 
Correction 
 
On 28 September 2018, the Company's announcement that Kirk Kashefi had been 
appointed as a non-executive Director of Forbes did not state that Mr. Kashefi 
was also a director of Cloudberry Consulting Limited, a company through which 
Mr. Kashefi provides consultancy services. There is no further information 
relating to Mr. Kashefi that is required to be disclosed pursuant to Paragraph 
21, Appendix 1 of the NEX Exchange Growth Market Rules for Issuers. 
 
The Directors of Forbes accept responsibility for the contents of this 
announcement. 
 
                                     ENDS 
 
For further information, please contact: 
 
Forbes Ventures 
Peter Moss, 
Chairman 
01625 588 767 
Rob Cooper, Chief Executive Officer 
                                              020 3687 0498 
 
NEX Exchange Corporate Adviser 
Peterhouse Capital Limited 
Mark Anwyl and Fungai 
Ndoro 
020 7469 0930 
 
Market Abuse Regulation (MAR) Disclosure 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulation 
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory 
Information Service, this inside information is now considered to be in the 
public domain. 
 
 
 
END 
 

(END) Dow Jones Newswires

November 16, 2018 04:39 ET (09:39 GMT)