DOR Doriemus

 
TIDMDOR 
 
12 September 2014 
 
                                 Doriemus plc 
 
                         ("Doriemus" or the "Company") 
 
                               Corporate Update 
 
Doriemus Plc (AIM: DOR) advises that the disposal of TEP Exchange ("TEP"), as 
announced on 18 July 2014, has now been completed. 
 
This concludes the transition of the Company from the historical TEP Exchange 
Group Plc, whose primary business was unsuccessful in the licensing and on-line 
advertising of TEP's proprietary electronic platform, to a company with a new 
focus of investing in conventional oil and gas production and exploration 
activities in the UK. 
 
Donald Strang, the Company's Chairman, commented; 
 
"Your board of directors is pleased that the old legacy issues of the Company 
are now resolved and closed as we look forward to enhancing our investments in 
the producing conventional oil interests at the Brockham and Lidsey oilfields 
and our participation in the exciting Horse Hill-1 well currently being drilled 
near Gatwick Airport." 
 
This disposal technically constitutes a change of business for the purpose of 
Rule 15 of the AIM Rules for Companies and therefore the Company is, with 
effect from 12 September 2014, re-classified as an investing company. 
 
As an investing company the Company will be required to make an acquisition or 
acquisitions which constitute a reverse takeover under the AIM Rules or 
otherwise implement its investing policy within the next 12 months. 
 
For further additional information please contact: 
 
Doriemus plc                            +44 (0) 20 7440 0640 
Donald Strang/Hamish Harris 
 
Cairn Financial Advisers LLP            +44 (0) 20 7148 7900 
Nominated Adviser and Broker 
James Caithie/Carolyn Sansom/Jo Turner 
 
Square1 Consulting                      +44 (0) 207 929 5599 
David Bick 
Mark Longson 
 
 
 
END 
 

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