Retail Agreements and Issue of Equity
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The Brandsco plc is pleased to announce that it has secured major retail agreements with both Selfridges and Ospa of London, both of which will significantly increase the retail presence of the Company's luxury Kimia Skincare range on the UK high street.
Kimia will feature within Selfridges' prestigious flagship store on London's Oxford Street. With over 500,000 square feet of trading space, Selfridges is the largest store on Oxford Street and is acknowledged as one of London's premier destinations for luxury beauty products.
Ospa, part of the Multitracks group (a leading operator of spas on the high street and on luxury cruise liners) has an aggressive plan to open a number of spa outlets within London during December, most notably in the new Westfield Shopping Centre in west London, but also at other prime locations, including New Bond Street, Windsor and Slough. Kimia will feature prominently not only within each spa but also on board three new cruise ships set to depart from the UK in the Spring.
These agreements, together with Kimia's current sales presence within Fenwicks at Brent Cross, cement the brand's retail sales within the UK and represent a significant step forward for Brandsco's aggressive plan to roll Kimia out to the most prestigious retail outlets in the UK.
The Company has agreed to pay a £50,000 introduction fee to Capital Synergy Ltd, which negotiated and introduced the two deals for The Brandsco. Mr Alistair Hollows, Brandsco's Company Secretary, is also a director of Capital Synergy. The Company has issued 6,666,667 ordinary shares at 0.75p per share each in lieu of payment for this fee. The shares have today been admitted to trading on PLUS.
Following the issue of equity, the Company has 295,096,907 ordinary shares in issue.
Contacts:
Marcus Cassidy, Chairman
The Brandsco Plc
Tel: 07919 033 333
Mark Anwyl
St Helens Capital Partners LLP
Tel: 020 7368 6959
Company Profile
The Brandsco PLC (BRAP)
Price: 0.62 (at close of 31/08/2010)



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