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Facephi To Start Trading On MAB On 1st. July - With This Incorporation, There Are 23 Companies Listed On MAB’s Growth Segment

Date 27/06/2014

The Supervision Committee of the Mercado Alternativo Bursátil (MAB) has announced the listing of FacePhi on the Growth Companies segment of this market, following a review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee.

The company’s Informative Document is available on MAB’s website (www.bolsasymercados.es/mab), where all the information about the company and its activities can be found.

Facephi will start trading next Tuesday, July 1, under the code FACE.

Trading will be through a price setting mechanism which will match buy and sell orders by means of two daily auction periods or “fixings”, at 12 hrs and at 16 hrs.

Ernst & Young Servicios Corporativos is acting as Registered Adviserand Banco Inversis as Liquidity Provider.

FacePhi is a Spanish company specialising in the development and marketing of face recognition software. The capital is 100% Spanish and the company is based in Alicante. Its branch offices are in Panama, Chile, Argentina, Dominican Republic, Colombia and it plans to open an office in Silicon Valley. Its advanced technology uses several proprietary algorithms which make it Proprietary Owners of FaceRecognition software.