COINSILIUM GROUP
LIMITED
("Coinsilium" or the
"Company")
Coinsilium Group Limited: Issue of
Shares for Services
London, UK, 23 August 2024
– Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the
Web3 advisor, venture builder and investor, announces that it has
today agreed to issue 600,000 new ordinary shares of no par value
in the Company at an issue price of 2.5p per share in lieu of fees
incurred to the value of £15,000 (“Service Shares”). Each Service
Share has an attaching warrant to subscribe for a further new
ordinary share at an exercise price of 3.75p and with a life to
expiry of 3 years from Admission to trading of the new Service
Shares. The Service Shares and attaching one warrant for one
ordinary share will be issued on the same terms as the Company’s
most recent financing, announced 8 March 2024, as the Service
Shares were expected to be issued at the time of that
fundraising.
ADMISSION AND TOTAL VOTING
RIGHTS
Application will be made for 600,000 Service Shares to be
admitted to trading on Aquis which is expected to occur on or
around 4 September 2024 ("Admission"). The Fee Shares will
rank pari passu in all respects with the existing Ordinary Shares
currently traded on Aquis.
Following Admission, in
accordance with the Financial Conduct Authority's Disclosure and
Transparency Rules, Coinsilium hereby announces that it will have
218,064,234 ordinary shares of nil par value
("Ordinary Shares") in issue, each share carrying the right to one
vote. The Company does not hold any Ordinary Shares in
treasury.
The Directors of Coinsilium Group
Limited take responsibility for this announcement.
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Coinsilium Group Limited
Malcolm Palle, Executive Chairman
Eddy Travia, Chief Executive
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+350 2000 8223
+44 (0) 7785 381 089
www.coinsilium.com
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Peterhouse Capital
Limited
(Aquis Growth Market Corporate
Adviser)
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+44 (0) 207 469 0930
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SI Capital Limited
Nick Emerson
(Broker)
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+44 (0) 1483 413 500
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Notes to Editor
About
Coinsilium
Coinsilium is an investor, advisor and venture builder at the
forefront of Web3 convergence. The Company invests in and
accelerates Web3 and AI powered technology start-ups whilst
supporting their development and commercialisation. Coinsilium also
provides strategic advisory services to start-ups looking to issue
tokens through token generation events. Coinsilium’s wholly owned
subsidiary Coinsilium (Gibraltar) Limited is the Company’s
operational hub in Gibraltar.
In 2015, Coinsilium became the first blockchain company to
IPO. Coinsilium shares are traded on the AQUIS Growth Market in
London, under the ticker symbol "COIN", and on the OTCQB Venture
Market in the United States under the ticker symbol
"CINGF"