The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
14 May 2025
Vault Ventures Plc
(formerly Meme Vault Plc)
("Vault Ventures" or the "Company")
Change of Name and Business Strategy Update
The Company is pleased to announce that it has changed its name from Meme Vault PLC to Vault Ventures PLC. The change of name was registered on Companies House on 12 May 2025. The Company's ticker symbol, under which its shares are currently traded on the AQSE Growth Market namely, "MEME", will remain the same. The name change will take effect on the AQSE Exchange on 15 May 2025, at 8.00 a.m.
The Board has decided to change the Company's name to Vault Ventures PLC, as it better reflects the Company's dual strategy of operating as an incubator for early-stage technology businesses, while also building a portfolio of focused operating units, known as "Vaults", each targeting distinct opportunities across the technology and digital asset landscape. This includes a Vault dedicated to investing into and holding cryptocurrency assets as part of the Company's treasury, both as a store of value and for potential long-term appreciation. The Company will establish additional Vaults to capitalise on the dynamic and rapidly advancing technology sector.
Cryptocurrency Holdings and Treasury
In the past months the Company has been deploying some of its capital in cryptocurrency assets with the aim of holding these digital assets as part of the Company's treasury, this approach reflects the Directors' belief that digital assets, including stablecoins, offer a reliable store of value and act as a hedge against inflation while also at times provide the possibility of value uplift. The Company's treasury will comprise both cryptocurrency assets and cash.
For more information, please visit the Company's website at vaultplc.com
The Directors of the Company take responsibility for this announcement.
Vault Ventures Plc |
|
Brian Stockbridge Non-executive Chairman |
Via Alfred Henry |
Alfred Henry Corporate Finance Ltd AQSE Corporate Advisor |
|
Nick Michaels, Maya Klein Wassink |
+44 (0) 20 8064 4056 |