COINSILIUM GROUP LIMITED - Letter to Shareholders PR Newswire

1 April 2016

COINSILIUM GROUP LIMITED
(“Coinsilium” or the “Company")

Shareholders Update

The Company announces that the following letter was sent to shareholders today.

London, 1 April 2016

Dear Shareholder,

As we complete the first quarter of 2016 I would like to update you on Coinsilium.

Since its Admission to the ISDX Growth Market in late December last year, Coinsilium has continued to break new ground in the blockchain technology and investment arena.

In the first quarter of this year our lead investor role in the seed rounds of two blockchain tech pioneers, nanopayment platform SatoshiPay and smart-contract platform Rootstock, reinforced Coinsilium’s presence in the blockchain start-up investment space.

In addition to our presence as an established investor we have also developed Coinsilium’s offering as an advisor and educator in the blockchain industry.

Two achievements of note have been the launch of the Barcelona-based, Grant Thornton sponsored blockchain start-up accelerator Block Chain Space, and the continued development of our education and training arm. The CPD-accredited, ‘Bitcoin, Blockchain and Beyond’ courses are highly regarded and later this month we will launch a first-of-its-kind developer-focused Blockchain Tech Lab here in London.

As we now advance from early-stage start-up investor to a diversified blockchain technology company we intend to build upon the credibility gained by Coinsilium’s public listing and look towards the future as an established investor in blockchain companies and a leading service provider.

With this in mind we are today announcing a restructuring of the Board of Directors with immediate effect. Mr Cameron Parry, Co-founder and Executive Chairman has left the Board and Mr Laurent Kssis, independent Non-executive Director, has become Non-executive Chairman.

It has been a great pleasure to work closely with Cameron during his tenure as Executive Chairman. He has brought his experience of public markets to the Coinsilium Board and Executive team and has been instrumental in Coinsilium’s public listing. I am very thankful for his contribution to the Company and wish him the best in his future endeavours.

I am delighted to welcome Laurent as Non-executive Chairman of the Board. Laurent has been extremely supportive as a Non-executive Director and I look forward to working with him as we grow and develop the Company together.

Coinsilium is committed to investing in, advising and accelerating top innovators who aim to transform entire industries through the development and use of blockchain technologies and derived applications such as smart contracts and digital notarisation.

I am confident that by building upon our experience, Coinsilium will be able to take advantage of some of the exciting developments we anticipate, under the guidance and support of the Board of Directors in the coming months.

The first of these is the launch of the Blockchain Tech Lab. This five-day course is for experienced developers who will be taught the intricacies of blockchain applications from the leading minds in this space. This is an opportunity for Coinsilium to begin to bridge the blockchain skills gap, a vital service given the future opportunities for industries embracing these new technologies.

As we move into the next phase of Coinsilium’s development, I look forward to sharing our future.

Best regards,


Eddy Travia
Chief Executive Officer
eddytravia@coinsilium.com
tel. +44 2070990740
 

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


Eddy Travia / Laurent Kssis    Coinsilium Group Limited   +44 (0) 207 099 0740

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

Nick Emerson / Andy Thacker    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 shares are traded on ISDX, ICAP Securities and Derivatives Exchange Regulated Market (ticker:COIN).  Coinsilium has a portfolio of interests in blockchain companies and offers a suite of services including CPD accredited training & education, investment solutions, in-house development and other professional services to blockchain/fintech companies and major corporates eager to learn how blockchain technology can transform their business processes.

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