Business
Coinsilium Group Limited: Issue of Shares for...
Coinsilium Group Limited: Issue of Shares for....
About this update from Coinsilium Group Ltd.
[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\n\n\n\n\n\n\n\n\nCoinsilium Group Limited (COIN)\n\n\n\n\n\n\nCoinsilium Group Limited: Issue of Shares for Services 23-Aug-2024 / 14:06 GMT/BST\n\n\nCOINSILIUM GROUP LIMITED \n\n(\"Coinsilium\" or the \"Company\") \n\nCoinsilium Group Limited: Issue of Shares for Services\n\nLondon, UK, 23 August 2024 – Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 advisor, venture builder and investor, announces that it has today agreed to issue 600,000 new ordinary shares of no par value in the Company at an issue price of 2.5p per share in lieu of fees incurred to the value of £15,000 (“Service Shares”). Each Service Share has an attaching warrant to subscribe for a further new ordinary share at an exercise price of 3.75p and with a life to expiry of 3 years from Admission to trading of the new Service Shares. The Service Shares and attaching one warrant for one ordinary share will be issued on the same terms as the Company’s most recent financing, announced 8 March 2024, as the Service Shares were expected to be issued at the time of that fundraising.\n\nADMISSION AND TOTAL VOTING RIGHTS\n\nApplication will be made for 600,000 Service Shares to be admitted to trading on Aquis which is expected to occur on or around 4 September 2024 (\"Admission\"). The Fee Shares will rank pari passu in all respects with the existing Ordinary Shares currently traded on Aquis.\n\nFollowing Admission, in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, Coinsilium hereby announces that it will have 218,064,234 ordinary shares of nil par value (\"Ordinary Shares\") in issue, each share carrying the right to one vote. The Company does not hold any Ordinary Shares in treasury.\n\nThe Directors of Coinsilium Group Limited take responsibility for this announcement.\n\n \n\n\n Coinsilium Group Limited\n\n Malcolm Palle, Executive Chairman\n\n Eddy Travia, Chief Executive\n \n \n +350 2000 8223\n\n +44 (0) 7785 381 089\n\n www.coinsilium.com\n \n \n \n \n \n \n \n \n Peterhouse Capital Limited\n\n (Aquis Growth Market Corporate\n\n Adviser)\n\n \n \n \n +44 (0) 207 469 0930\n \n \n \n \n \n \n \n \n SI Capital Limited\n\n Nick Emerson\n\n (Broker)\n \n \n +44 (0) 1483 413 500\n \n \n\nNotes to Editor\n\n \n\n About Coin...