Two Shields Investments plc (renamed BrandShield Systems plc) has completed its re-admission to AIM and reverse takeover of Israeli Company, Brandshield Limited.
Brandshield Limited is a leading provider of cyber security solutions, from brand protection to online threat hunting.
BrandShield Systems plc completed the reverse takeover of Brandshield Limited and re-admission to AIM on 1 December, having raised £3.2 million in new funding from a range of institutional and private investors to deliver its growth strategy.
The number of ordinary shares in issue immediately after admission was 114,136,532, giving the company a market capitalisation of approximately £22.8 million at the issue price of 20 pence per share.
BrandShield is the first Israeli company since 2018 to list on London Stock Exchange, and the first listing of a cybersecurity company also since 2018.
PKF acted as reporting accountant on the transaction and the Capital Markets team included Adam Humphreys and Lauren Haslam.