SYME moves to SETS trading platform

Supply @ME Capital PLC

02 May 2023

 

2 May 2023

Supply@ME Capital plc

(the "Company", or "SYME")

SYME moves to SETS trading platform

SYME, the fintech business which provides an innovative fintech platform (the "Platform") for use by manufacturing and trading companies to access Inventory Monetisation© ("IM") solutions enabling their businesses to generate cashflow, is pleased to advise that the trading of the Company's ordinary shares of nominal value £0.00002 each ("Ordinary Shares") on the main market for listed securities of London Stock Exchange plc (the "LSE") has transitioned with immediate effect from the LSE's SETSqx (Stock Exchange Electronic Trading Service: Quotes and Crosses) trading platform to its SETS (Stock Exchange Trading System) trading platform.

The move is intended to provide investors with access to the entire SETS platform, providing liquidity via traditional order book trades, as well as from two-way quotes from market makers.

There shall be no change to the Ordinary Shares' existing ISIN GB00BFMDJC60, Stock Exchange Daily Official List (SEDOL) code BFMDJC6 or Tradable Instrument Display Mnemonic (TIDM) SYME.

Contact information:

Alessandro Zamboni, CEO, Supply@ME Capital plc, [e-mail]

MHP Group, [e-mail]

Notes:

SYME and its operating subsidiaries provide its Platform for use by manufacturing and trading companies to access inventory trade solutions enabling their businesses to generate cashflow, via a non-credit approach and without incurring debt.  This is achieved by their existing eligible inventory being added to the Platform and then monetised via purchase by third party Inventory Funders.  The inventory to be monetised can include warehoused goods waiting to be sold to end-customers or goods that are part of a typical import/export transaction. SYME announced in August 2021 the launch of a global IM programme which will be focused on both inventory in transit monetisation and warehoused goods monetisation. This programme will be focused on creditworthy companies and not those in distress or otherwise seeking to monetise illiquid inventories.

 

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