Issue of Equity

29 October 2014

                                  Guscio PLC                                   

                  ("Guscio" or the "Company" or the "Group")                   

                     Further subscription to raise £50,000                     

The board of Guscio (the "Board") is pleased to announce that, following
further demand from an institutional investor, the Company has raised an
additional £50,000, by way of a subscription for 945,179 new Ordinary Shares
(the "Subscription Shares") at a price of 5.29 pence per share (the
"Subscription Price").

In connection with the subscription, it is proposed that the Company will enter
into a warrant instrument (the "Warrant Instrument") pursuant to which the
Company will issue two new warrants for every three Ordinary Shares subscribed
for. Accordingly, the Company will issue a total of 630,119 new warrants (the
"New Warrants") pursuant to the Warrant Instrument.

The New Warrants issued pursuant to the Warrant Instrument are exercisable at
the Subscription Price of 5.29p per share and can be exercised at any time
during the three year period from admission of the Subscription Shares to
trading on AIM.

 

The proceeds of the subscription will be used to increase the cash reserves of
the Company, as the Board seeks to accelerate the implementation of Guscio's
new investment strategy.

It is expected that Admission will become effective and dealings in the
Subscription Shares will commence on 4 November 2014.

Following the issue of the Subscription Shares, and the issue of shares as
announced on 8 October 2014, there will be 7,259,397 Ordinary Shares in issue.
This number may be used by shareholders in the Company as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change in their interest in, the share capital of the
Company. In addition, following the issue of the New Warrants, the Company will
have warrants in issue over 4,955,229 ordinary shares.

For further additional information please contact:

Guscio PLC

Tony Humphreys / Marcus Yeoman 020 3053 1897

Sanlam Securities UK Limited

Simon Clements / Virginia Bull 020 7628 2200

Peterhosue Corporate Finance Limited

Lucy Williams / Eran Zucker 020 7469 0936