Coinsilium Group Limited: Exercise of Warrants and Director Shareholding
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Coinsilium Group Limited (COIN)
COINSILIUM GROUP LIMITED ("Coinsilium" or the "Company") Coinsilium Group Limited: Exercise of Warrants and Director Shareholding
London, 11 March 2025 – Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder, is pleased to report the following: Exercise of Warrants The Company has received warrant exercise notices for a total of 3,350,000 new ordinary shares of no-par value at an exercise price of 3 pence per share, raising gross proceeds of £100,500 for the Company. The exercised warrants are part of those granted during the Company’s subscription and broker placement, conducted through Peterhouse Capital and SI Capital, as announced on 21 April 2023. Director Shareholding The exercise of the warrants is from two Directors of the Company as follows: Malcolm Palle, Executive Chairman of the Company, exercised and received 1,675,000 new ordinary shares of no-par value at an exercise price of 3 pence per share. Eddy Travia, Chief Executive Officer of the Company, exercised and received 1,675,000 new ordinary shares of no-par value at an exercise price of 3 pence per share. Following the exercise, Mr. Travia’s beneficial interest comprises 18,106,702 ordinary shares, representing approximately 7.99% of the Company’s enlarged issued share capital and Mr. Palle’s beneficial interest comprises 15,309,634 ordinary shares, representing approximately 6.76% of the Company’s enlarged issued share capital. Admission Application has been made for the new Ordinary Shares to be admitted to trading on the Aquis Stock Exchange Growth Market on or around 17 March ("Admission"). The new Ordinary Shares will rank pari passu with the ordinary shares of the Company in issue. Following Admission, the Company's issued share capital will comprise 226,555,900 ordinary shares of no-par value. This number will represent the total voting rights in the Company and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. The Company does not hold any ordinary shares in treasury. The Directors of Coinsilium Group Limited take responsibility for this announcement.
Notes to Editor About Coinsilium Coinsilium is an advisor, venture builder and investor 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. 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”. For more information, visit: https://www.coinsilium.com/
Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. |
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| ISIN: | VGG225641015 |
| Category Code: | MSCM |
| TIDM: | COIN |
| Sequence No.: | 378672 |
| EQS News ID: | 2098688 |
| End of Announcement | EQS News Service |
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