Warrant Extension

Summary by AI ^BETAClose X

DeFi Development Corporation UK PLC has announced a further extension for its investors to satisfy the conditions required for warrant exercise, now set for 29 June 2026. This follows previous extensions from an original 31 November 2025 deadline, with 5,000,000 warrants previously cancelled. If conditions are not met by the new deadline, the warrants will expire, and the company must repay deposits for the pre-paid warrants, less agreed transaction costs, from the initial £2.8 million gross fundraise. Discussions regarding strategic objectives and future development with investors are ongoing.

Disclaimer*

DEFI Development Corporation UK PLC

19 June 2026

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

19 June 2026

DeFi Development Corporation UK PLC

(the "Company")

Warrant Extension

DeFi Development Corporation UK PLC (LSE: DFDV and OTCQB: DFUKF) provides the following update on the warrants, full details of which are set out in the Company's announcement released on 28 August 2025 (which is available on the Company's website at https://dfdv.co.uk/investor?tab=regulatory-filings).

Background

On 28 August 2025, the Company announced a £2.8 million gross fundraise through a subscription for pre-paid warrants (the "Pre-Paid Warrants") by a group of strategic investors (the "Investors"). Subject to shareholder approval, the Investors were also to receive cash warrants over new Ordinary Shares (the "Investor Warrants" and, together with the Pre-Paid Warrants, the "Warrants").

The Warrants are not capable of exercise until certain conditions have been satisfied ("Conditions"), the original deadline for which was 31 November 2025. On 4 December 2025, the Company announced the cancellation of 5,000,000 Warrants and an agreement with the Investors to extend the period for satisfying the Conditions required before the Warrants can be exercised to 1 June 2026, which was further extended to 22 June 2026, as announced on 1 June 2026.

Warrants Extension

The Company is pleased to announce that it has agreed with the Investors to further extend the period within which the Conditions may be satisfied to 29 June 2026. If the Conditions have not been satisfied by 29 June 2026, the Warrants will expire and be cancelled, and the Company will have to repay the deposit for the Pre-Paid Warrants to the relevant investors (less pre‑agreed contributions to transaction costs).

The Company is continuing its discussions with the Investors regarding its strategic objectives and future development.

For further information:

DeFi Development Corporation UK PLC
Michael Chan Director	investors@defidevcorp.co.uk
First Sentinel (Financial Adviser)
Brian Stockbridge  Gabrielle Cordeiro Ahmed Iqbal	+44 (0) 20 3855 5551
Fortified Securities (Corporate Broker)
Guy Wheatley	+44 (0) 7493 989014

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END