Further Information on Forthcoming Dividend
September 27 2024 - 3:15AM
UK Regulatory
Further Information on Forthcoming Dividend
24 September 2024 | SAINT HELIER, Jersey
| CoinShares International Limited ("CoinShares" or the
"Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the leading
European investment company specialising in digital assets,
indicated a distribution to shareholders would be considered within
the parameters of the newly adopted dividend policy.
Further to the announcement dated 12 April 2024
regarding the Company’s dividend distribution for the financial
year 2023 (“Regular Dividend”) and the announcements dated 12 July
2024 and 22 July 2024 regarding the decision to distribute a
special dividend following the sale of the Company’s FTX claim
(“Special Dividend”), the Company now provides some additional
details on the forthcoming payments.
The Special Dividend will be paid in conjunction
with Tranche 3 of the Company’s forthcoming Regular Dividend
payment, introduced earlier this year. The details for the
remaining two Regular Dividend payments for 2024 in respect of the
financial performance of 2023 are as follows:
|
Ex-dividend date |
Record date |
Payment date |
Tranche 3
(together with Special Dividend) |
27 September 2024 |
30 September 2024 |
3 October 2024 |
Tranche 4 |
27 December 2024 |
30 December 2024 |
6 January 2025 |
As the Special Dividend will be paid together
with Tranche 3, each of the Ex-dividend date, Record date and
Payment date for the Special Dividend Payment will be as disclosed
in the table above.
The total amount to be paid together with
Tranche 3 on or around 3 October 2024 will be the combined amount
of the Special Dividend (GBP 23,647,260.89) and Regular Dividend
(GBP 2,312,623), totalling GBP 25,959,883.89 and representing GBP
0.3894 per ordinary share to be paid from the Company’s reserves.
The dividend to holders of ordinary shares will be made in sterling
(GBP) and subsequently, before distribution to shareholders who
hold ordinary shares via Euroclear Sweden, has been converted to
SEK at a rate of GBP/SEK 13.4938 resulting in a dividend per share
via Euroclear Sweden of SEK 5.2557.
In accordance with Article 115(4) of the
Companies (Jersey) Law 1991, each payment will be subject to an
assessment of the financial health of the Company by its Board.
About CoinShares
CoinShares is the leading European alternative
asset manager specialising in digital assets, that delivers a broad
range of financial services across investment management, trading
and securities to a wide array of clients that includes
corporations, financial institutions and individuals. Founded in
2013, the firm is headquartered in Jersey, with offices in France,
Stockholm, the UK and the US. CoinShares is regulated in Jersey by
the Jersey Financial Services Commission, in France by the Autorité
des marchés financiers, in the US by the Financial Industry
Regulatory Authority. CoinShares is publicly listed on the Nasdaq
Stockholm under the ticker CS and the OTCQX under the ticker
CNSRF.
For more information on CoinShares, please
visit: https://coinshares.com
Company | +44 (0)1534 513 100
| enquiries@coinshares.com
Investor Relations | +44 (0)1534 513 100
| enquiries@coinshares.com
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