COINSILIUM GROUP LIMITED - Issue of Shares and Joint Broker Appointment PR Newswire

COINSILIUM GROUP LIMITED

(“Coinsilium” or the “Company")

Issue of Shares and Joint Broker Appointment

Coinsilium Group Limited, the blockchain technology investment and development company, is pleased to announce the issue of 1,233,968  new Ordinary Shares at a price of 10p per share via the FCA regulated Seedrs crowdfunding platform raising a total of £123,396.80 in gross proceeds. 

Cameron Parry, Coinsilium's Executive Chairman, commented: “This is the first time Coinsilium has ever used crowdfunding to raise capital for the Company and we're very pleased that through Seedrs' FCA-regulated crowdfunding platform, Coinsilium has attracted 161 Seedrs members who have been able to secure their desired equity position at Coinsilium's IPO  share price.”

In addition, Coinsilium has issued 335,135 new Ordinary Shares as payment of certain invoices.

Following the issue, there will be a total of 71,362,603 Ordinary Shares in issue.  This figure may be used by shareholders as the denominator to calculate their percentage holding of the share capital of the Company and to determine if they are required to notify a percentage change to their interest under the Disclosure and Transparency Rules.

In addition the Company is pleased to announce that Daniel Stewart has been appointed as the Company's Joint Broker with immediate effect.  As part of that appointment Daniel Stewart has been granted a warrant to subscribe for 1 million Ordinary Shares exercisable at 20p per Ordinary Share at any time until 24 December 2017.

For further information please visit www.coinsilium.com or contact the following:


Cameron Parry                   Coinsilium Group Limited   +44 (0) 207 099 0740

David Coffman / Asha Chotai     Daniel Stewart & Company   +44 (0) 207 776 6550
Martin Lampshire / Simon Talbot (Corporate Adviser & Joint
                                Broker)

Nick Emerson / Jake Nixon       SI Capital Limited         +44 (0) 1483 413 500
                                (Joint Broker)

Josh Royston / Hilary Buchanan  Alma PR                    +44 (0) 7515 805 218
                                (Public Relations)



Notes to Editor

Coinsilium is a London-based blockchain technology focused investment and development company, supporting early-stage blockchain companies through investment, acceleration, development and education. 

Coinsilium is the world's first blockchain technology focused company to be admitted to trading on an Exchange Regulated Market and has a portfolio of interests in blockchain companies and projects.  In addition to pursuing its investment strategy, through the experience of the Directors and management team, Coinsilium is able to offer a suite of services including corporate/business advisory, CPD accredited training & eduction, investment solutions, in-house development and other professional services to blockchain/fintech companies and major corporates wanting to learn more about blockchain technology and its implications to the way the world transfers value over the internet.

For further information please visit http://www.coinsilium.com/