NFT Investments PLC

13 April 2021

13 April 2021

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NFT Investments PLC

("NFT Investments" or the "Company")

IPO sets GBP35m fund-raising record for AQSE flotation

NFT Investments, an investment company specializing in non-fungible tokens ("NFTs") , is pleased to announce that it has raised GBP35 million before expenses, more than three times initially planned, for its flotation on the Aquis Stock Exchange Growth Market (Access segment), valuing the Company at a market capitalisation of GBP50m.

The GBP35m share placing sets a new record amount to be raised on AQSE and was increased in response to strong investor demand. The Company initially planned to raise GBP10m, which was then doubled to GBP20m last week. The Company is expected to be admitted to AQSE on Friday, 16 April when first dealings in the shares will commence at 8am.

The Company has now completed the placing of 700 million new ordinary shares at 5p each.

NFT Investments has been launched by the co-founders of Argo Blockchain, a leading crypto miner valued at more than $1 billion, to invest in NFTs. The Company is the world's first pure-play investment company focused exclusively on investing in NFTs to launch on a stock market in a major jurisdiction worldwide.

It is being advised by First Sentinel Corporate Finance with Tennyson Securities and Novum Securities acting as joint brokers. First dealings in the shares are expected to commence later this month.

Jonathan Bixby, Executive Chairman of NFT Investments, said: "It is deeply gratifying to receive strong interest from a wide range of institutional and private investors who share our belief in the vast growth potential for NFTs, just as the cryptocurrency sector has shown so far. We have upsized our offer to broaden and democratize access to this hard-to-reach market."

For further information please contact:

 
 NFT Investments 
 Jonathan Bixby                        via Tancredi +44 207 887 7633 
  Executive Chairman 
  Neil Thapar 
  Investor Relations                    +44 7876 455 323 
                                      ------------------------------ 
 First Sentinel 
                                      ------------------------------ 
 Corporate Adviser 
  Brian Stockbridge                    +44 7876 888 011 
                                      ------------------------------ 
 Tennyson Securities 
                                      ------------------------------ 
 Corporate Broker 
  Peter Krens                          +44 207 186 9030 
                                      ------------------------------ 
 Novum Securities 
                                      ------------------------------ 
 Corporate Broker 
  Colin Rowbury 
  Jon Belliss                          +44 207 399 9427 
                                      ------------------------------ 
 Tancredi Intelligent Communication 
  Media Relations 
                                      ------------------------------ 
 Salamander Davoudi 
  salamander@tancredigroup.com           +44 7957 549 906 
  Helen Humphrey 
  helen@tancredigroup.com                +44 7449 226 720 
  Edward Daly 
  edward@tancredigroup.com               +44 7861 430 057 
                                      ------------------------------

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April 13, 2021 05:59 ET (09:59 GMT)