MySkip Holdings PLC, the Reuse Website Business, Announces Its Intention to Offer Shares to Investors via the Internet

• Press Release
• Source: MySkip Holdings PLC
• On 2:55 am EST, Wednesday March 4, 2009

LONDON--(BUSINESS WIRE)--The directors of MySkip Holdings PLC today announced their intention to issue shares in the company to outside investors commencing Tuesday 10 March 2009. The share offer will be available through the web to investors to allow MySkip users, green investors and the ordinary saver to take part in the development of MySkip.com, the website dedicated to promoting the reuse of unwanted goods.

The full offer document will be available from 10:00 am GMT on Tuesday 10 March via www.MySkip.com

MySkip.com is designed to help consumers and organisations to easily dispose of or find useful items that might otherwise end-up in landfill. Every year, UK households send what the Directors consider is an alarming amount of rubbish to the licensed landfills – 15.1 million tonnes in the year to June 2008 for England alone (Defra).

The financial advisers to the company are listed below. Individuals interested in receiving an offer document can also send an email to Paul.Catherall@vacf.co.uk.

The value of investments and any income from them may fall as well as rise. Investors may not get back the amount originally invested and the company may not pay dividends. Past performance is not a guide to future performance. Shares in the company are unlisted. It may therefore be difficult for investors to buy and sell them and to obtain reliable information about their value. If you are in any doubt as to the suitability of this investment, you should obtain expert advice.

Today’s release follows on from the recent news announcing the hosting of a 24-hour online ‘Celebrity Throwaway’ to encourage reuse as a sustainable alternative to recycling. Everyday items donated by such celebrities as Sheryl Crow, Ricky Gervais and Shilpa Shetty were available for free every hour on the hour at www.myskip.com from 9:00 am GMT on Tuesday 3 March 2009. For more information including the schedule of when the celebrities’ items were posted online, please read here.

About MySkip.com

MySkip.com is the brand name used by the business and for the website. It is an internet-based ‘virtual skip’ where users can, for free, either rummage or dispose of useful items that might otherwise end-up in landfill.

Founded by two British entrepreneurs, MySkip.com was launched in April 2008, achieving a Guinness World Record for the company as "the most visited website on the first day of a launch” with 483,424 unique site visitors.

The website has been designed with what the Directors consider is the latest technology which affords its users a convenient and secure platform to communicate on. (Patent Pending)

This communication has been approved by Venture Alliance Corporate Finance Limited for the purposes Section 21 of the Financial Services and Markets Act 2000. Venture Alliance Corporate Finance Limited, registered office 53 Leatherhead Road Ashtead Surrey KT21 2TP, is authorised and regulated by the Financial Services Authority.

PR
Bernard Carey, Marlin Consulting
btcmarlinconsult@aol.com
Mobile +44 (0)7769 887966
or
Lance Mercereau, MySkip
lance@myskip.com
Mobile: +44(0)7788 183273
or
Financial Adviser
Paul Catherall
Venture Alliance Corporate Finance Limited
Paul.Catherall@vacf.co.uk
Mobile: +44 (0)7768123299