DOR Doriemus

 
TIDMDOR 
 
4 October 2013 
 
                                 Doriemus plc 
 
                                (the "Company") 
 
                             Completion of Placing 
 
Doriemus Plc is pleased to announce that the Company has raised GBP200,000 
through the subscription for 500,000,000 new ordinary shares of 0.001 pence 
each in the Company (the "Subscription Shares") at a price of 0.04 pence per 
Subscription Share (the "Subscription Price") by existing shareholders and new 
investors (the "Subscription"). The Subscription is conditional only upon 
admission of the Subscription Shares to trading on AIM ("Admission") and has 
been carried out within the Company's share authorities. Furthermore, each 
Subscription Share carries a warrant which entitles the holder to subscribe for 
one new ordinary share in the Company at 0.04 pence per share up to 30 
September 2014. 
 
The net proceeds of the Subscription will strengthen the Company's balance 
sheet and provide working capital for the Company to investigate acquisition 
and investment opportunities in accordance with the Company's investing policy. 
 
SL Investment Management Limited, a substantial shareholder of the Company, has 
agreed to subscribe for 120,000,000 Subscription Shares. Following Admission, 
SL Investment Management Limited will be beneficially interested in a total of 
828,032,798 ordinary shares, equivalent to 23.93% of the enlarged issued share 
capital of the Company. 
 
The participation in the Subscription by SL Investment Management Limited is a 
related party transaction as defined by the AIM Rules due to the size of its 
shareholding. The Directors of the Company, having consulted with Sanlam 
Securities UK Limited, the Company's Nominated Adviser, consider that SL 
Investment Management Limited's participations in the Subscription is fair and 
reasonable insofar as shareholders are concerned. 
 
The Subscription Shares will represent 14.45% of the enlarged issued share 
capital of the Company. 
 
Application has been made for the Subscription Shares to be admitted to trading 
on AIM and it is anticipated that Admission will occur on 10 October 2013. 
 
Following Admission, the Company's enlarged issued share capital will comprise 
3,459,999,998 ordinary shares. The Company does not hold any shares in 
treasury. This figure of 3,459,999,998 ordinary shares 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 under the FCA's 
Disclosure and Transparency Rules. 
 
For further information please contact: 
 
Doriemus plc 
Donald Strang                               +44 (0) 207 440 0640 
Hamish Harris 
 
Sanlam Securities UK Limited 
Simon Clements/Virginia Bull                +44 (0) 207 628 2200 
 
 
 
 
END 
 

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