Panmure Gordon & Co, a leading independent institutional stockbroker and investment bank, is pleased to advise that it has acted as Financial adviser, Nominated Adviser, Broker and Book-runner on behalf of Eagle Eye Solutions Group PLC ("Eagle Eye" or the "Company") in placing 2,013,114 new ordinary shares at 200 pence per share with existing and new institutional investors to raise approximately £4.0m for the Company (the “Placing”).

The Placing, representing approximately 9.99% of the Company's existing ordinary share capital,was conducted through an accelerated book-building process and, in addition, Panmure Gordon placed a further 994,512 existing ordinary shares in the Company on behalf of a selling shareholder for £2.0m.Eagle Eye is a leading UK provider of digital consumer engagement solutions, enabling the retail and hospitality industries to deliver real-time digital promotions. The Company provides a digital transaction platform, Eagle Eye AIR, for the secure, real-time, multi-channel issuance, management and redemption of digital offers, vouchers and rewards, replacing previously used paper-based methods. The Company's current client base comprises leading names in UK retail and hospitality including Asda, Greggs, Marks & Spencer, Mitchells & Butlers, Pizza Express and Tesco. The Placing builds on the Company's strong growth and momentum, as well as the recent major contract win in relation to the deployment of its Eagle Eye AIR platform within Asda stores in the UK. The net proceeds of the Placing of the new shares will be used to accelerate investment in product development and infrastructure, and increase sales and marketing resources to capitalise on the market opportunity and drive international expansion. Phill Blundell, Chief Executive Officer of Eagle Eye, stated:

"We are extremely pleased to have completed this successful fundraising, which will allow Eagle Eye to capitalise on its major growth opportunities across the retail and hospitality sectors in the move to digital delivery for the issuance and redemption of promotions, giftcards and rewards. Since IPO and throughout our partnership, Panmure Gordon’s commitment and guidance has allowed us to focus on achieving our goals and develop as a public company and they have successfully demonstrated their ability to connect Eagle Eye with new and existing institutional investors who understand our dynamic story and can help us grow our business."