The Company also announces that it has been unable to publish its Report & Accounts for the year ended
31 December 2014 within 6 months of the year end as required under the AIM Rules. A further
announcement regarding this will be made in due course.
The Company's investment in GOS Systems ('GOS'), a security sector focused technology business, is at the core of Touchstone's investment strategy. In the opinion of the Board, GOS has become an important and valuable asset. TGL's recently announced investment in Cambridge Quantum Computing Limited is complementary to the GOS business, as is TGL's investment in Smart Desk Systems Limited. It has now been resolved by the TGL Board, subject to shareholder approval, that:
• any future acquisitions that might be made will be complementary to GOS;
• GOS' chief executive officer Jamie Ridealgh be appointed to TGL's Board as TGL chief executive
officer; and
• the Company's name be changed to GOS Systems.
This is a proposed fundamental change of business constituting a reverse takeover under Rule 14 of the AIM Rules; it will therefore be conditional upon the publication of an admission document by the Company and the approval of the Company's shareholders at a general meeting. The Company would seek re-‐admission to AIM as an operating company and not as an investing company under the AIM Rules.
A further announcement regarding progress of the above proposals will be made in due course. The Company also looks forward to providing shareholders with an update on commercial activity post 31st December 2014. The directors note that progress continues to be better than expected.
GOS Systems is a UK security group providing a range of leading-‐edge tactical and strategic intelligence gathering and secure communication solutions for law enforcement, homeland security and government agencies around the world
GOS' tactical intelligence gathering solutions provide real-‐time monitoring of cellular, voice, SMS, and IMSI and IMEI metadata
GOS' safe communications solution offers secure mobile telephony services to ensure privacy and
security for customers
www.touchstonegold.com
Trevor Wells
Ed Frisby / Simon Hicks
Tel: +44 20 7220 0500 Peterhouse Corporate Finance Limited Tel: +44 20 7469 0936Lucy Williams
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