- Technology investment company Two Shields Investments has provisionally agreed a reverse takeover with online brand protection specialist BrandShield.

Two Shields plans to acquire the remaining BrandShield shares it does not already own in a deal valued at just over £13 million.

The company said it would subsequently rebrand as BrandShield Systems to reflect the nature of the business of the new group.

The transaction is set to complete on 1 December 2020, subject to shareholder approval.

The announcement followed a fresh fundraising round, raising £3.2 million from private and institutional shareholders.

At 9:44am: [LON:TSI] Two Shields Investments Plc Ord 0.1p share price was -0.04p at 0.11p

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