Exclusive and final opportunity…

Angel Business Club

Company updates


Dear Members,

Following the initial capital raise, there remain unissued shares in BGL. It was their intention to retain these and to issue them to potential USA based joint venture partners, allowing them to participate as principal shareholders as well. However, current negotiations suggest this is not necessary and therefore these shares are now available for purchase.

Given the enormous support that BGL has had from existing shareholders and members of the Angel Business Club, it seems appropriate that these should be offered first to the latter. Their take up will conclude the issue of all ordinary shares and they will rank equally with ordinary shares issued to date.

To remind all of the terms, owners of these shares will rank after Seed Preference shareholders but will then have a prior return of their capital twice before any Founder shareholders participate. Given that BGL is quietly optimistic of the current salvage programme, this should be the last and only time these shares will be offered to investors.

The salvage programme is expected to commence on or around the 20th May. This offer will remain open until the day of departure.

Should you wish to participate in this offer go to Special Offers.

RISK WARNING Any investment opportunity contained herein carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.