Issue of Equity

World Chess PLC

14 January 2026

 

World Chess PLC

14 January 2026

World Chess Plc

("World Chess" or the "Company")

Issue of Equity

World Chess plc (LSE: CHSS), a leading chess organisation that develops and operates worldchess.com, is pleased to announce that is has raised €100,000 by way of a subscription for 8,333,333 new ordinary shares at €0.012 per share.

The investment has been made by a high-profile Portuguese entrepreneur with experience in the distribution, logistics, technology, and media sectors.  World Chess plans to further develop in Portugal as the country holds deep historical significance in chess, having produced Pedro Damiano, whose 1512 treatise was among the first comprehensive books on the game.  This investment will assist in those plans.

Application will be made to the London Stock Exchange for admission to trading on the Main Market for listed securities ("Admission"). Admission is expected to occur on or around 19 January 2026.

Following Admission, the Company's issued share capital will consist of 887,938,480 ordinary shares of 0.01p each, each with one voting right. The Company does not hold any shares in treasury. Therefore, the total number of voting rights in the Company will be 887,938,480. This figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

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).

For more information, please visit https://company.worldchess.com/investors or contact:

World Chess Plc

Ilya Merenzon, CEO

[e-mail]

AlbR Capital Limited

Financial Adviser: David Coffman / Dan Harris

[phone]

Notes to Editors

World Chess (LSE: CHSS) is a leading chess organisation that develops and operates worldchess.com, a subscription platform with over one million users and the official online platform of the International Chess Federation (FIDE). The Company organized several World Chess Championships, including in New York and London. It organises the Armageddon Series and produces The World Chess Show, distributed across more than 50 international markets. More at worldchess.com.

 

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