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Coinsilium Group Limited: Sale of Treasury Shares

·2-min read

Coinsilium Group Limited (COIN)
17-Nov-2021 / 11:10 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

COINSILIUM GROUP LIMITED

("Coinsilium" or the "Company")

Coinsilium Group Limited: Sale of Treasury Shares

 

 

London, UK, 17 November 2021 - Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Blockchain, and Open Finance venture builder, is pleased to announce it has sold 4,580,000 ordinary shares of the Company from treasury to a strategic investor at a price of 10 pence per share for a total amount of £458,000.

 

The Company advises that, following this sale, the Company's issued share capital remains unchanged at 174,748,235 ordinary shares and the Company no longer holds shares in treasury. The total number of shares with voting rights is now 174,748,235. This figure should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 

The Directors of Coinsilium Group Limited take responsibility for this announcement.

 

 

Coinsilium Group Limited

Malcolm Palle, Executive Chairman

Eddy Travia, Chief Executive

+350  2000 8223

+44 (0) 7785 381 089

www.coinsilium.com

 

 

Peterhouse Capital Limited

Guy Miller / Mark Anwyl

(AQSE Growth Market Corporate Adviser)

+44 (0) 207 469 0930

 

 

SI Capital Limited

Nick Emerson

(Broker)

+44 (0) 1483 413 500

Buchanan Communications

Chris Lane / Toto Berger

(Media and Investor Relations)

+44 (0) 20 7466 5000

E: coinsilium@buchanan.uk.com

 

 

Notes to Editor

 

About Coinsilium

 

Coinsilium is a focused Blockchain and Open Finance venture operator based in Gibraltar, a pre-eminent global regulatory jurisdiction and a leading hub for innovative financial technology. In 2015, Coinsilium became the first blockchain company to IPO. The Company has evolved to develop revenue-generating strategic advisory services and is a highly regarded innovator with proven technological and commercial expertise and development capabilities in the NFT arena and also within Open Finance.

 

Coinsilium has developed an array of commercial partnerships and joint ventures around the world to support its development capabilities, giving it access to best-in-class tech experts, a strong network, and asserting its profound industry profile.  It has a 50:50 venture with IOV Labs in Singapore, enabling the promotion and commercialisation of RSK's products, services and technologies in global markets; and has partnered with blockchain technology experts Indorse to create Nifty Labs, a Non-Fungible Token ('NFT') technology development studio in Gibraltar.

 

Coinsilium shares are traded on the APEX segment of the AQSE Growth Market in London, under the ticker symbol "COIN", and on OTCQB Venture Market in the United States under the ticker symbol "CINGF".

 

 


ISIN:

VGG225641015

Category Code:

MSCM

TIDM:

COIN

Sequence No.:

127069

EQS News ID:

1249840


 

End of Announcement

EQS News Service

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