Source - PRN


(“Valiant” or “the Company”)

Issue Of Equity

6 September 2016

Valiant Investments plc announces that it has placed 27,125,000 ordinary shares of 0.1p each in the Company at a price of 0.1p per share, raising £27,125. The monies raised will provide the Company with additional working capital and enable it to accelerate the development of its 84.7% owned subsidiary, Flamethrower plc.

The new ordinary shares rank pari passu with the existing ordinary shares.

Following this placing there are now 754,308,666 ordinary shares in issue, of which the Directors are interested in a total of 10,600,000 ordinary shares representing 1.4% of the issued share capital.

The Directors of Valiant accept responsibility for the content of this announcement.



Valiant Investments plc
Conrad Windham
Telephone: 01366 381541

Corporate Adviser

Peterhouse Corporate Finance Limited
Guy Miller / Mark Anwyl
Telephone: 020 7220 9796