NFT Investments PLC - NFT Investments First Day of Dealings
RNS Number : 6631V
NFT Investments PLC
16 April 2021
 

Press Release

16 April 2021

 

 

NFT Investments PLC

 

("NFT Investments" or the "Company")

 

First day of dealings

Admission to the AQSE Growth Market

 

 

NFT Investments, an investment company specialising in non-fungible tokens ("NFTs"), is pleased to announce that dealings in its ordinary shares will commence on the AQSE Growth Market (AQSE) from 8am today, 16 April 2021.

 

The shares will be traded under the ticker symbol NFT. The Bloomberg ticker is: NFT.PZ; Reuters: NFT.NXX; ISIN: GB00BMW34204; and SEDOL: BMW3420.

 

The Company has been admitted to the Access segment of the AQSE following a substantially oversubscribed share placing that raised £35 million before expenses for the Company, more than three times what was initially planned and with an order book of demand significantly in excess of £100m.

 

NFT Investments is the first pure-play investment company focused exclusively on investing in NFTs to launch on a stock market in a major jurisdiction worldwide.

 

The placing set a new record amount to be raised on AQSE and was increased in response to unprecedented investor demand.

 

On admission, the Company will have 1,003,000,000 ordinary shares in issue, valuing NFT Investments at a market capitalisation of approximately £50m.

 

Tennyson Securities, Novum Securities and First Sentinel acted as joint brokers to the Company, with First Sentinel also acting as Corporate Adviser.

 

Jonathan Bixby, Executive Chairman of NFT Investments, said: "NFT Investments' admission to the AQSE Growth Market marks a significant milestone for the non-fungible sector. Our record-breaking raise on AQSE provides a strong foundation on which the Company can execute its long-term growth strategy and capitalise on its first-mover advantage. We are delighted with the strong support we have received from a wide range of investors and our oversubscribed placing is a real endorsement of our investment plans in a promising market set for growth." 

 

Company Highlights 

 

NFT Investments was set up to invest in NFTs directly and in companies or funds that have exposure to NFTs and blockchain technology. The Company anticipates that returns to shareholders will be delivered through an appreciation in the value of its portfolio of NFTs and in the underlying cryptocurrencies as well as the digital NFT rights that are purchased and licensed by the Company. 

 

The Company's directors and advisory board have an established track record, experience and networks in the crypto currency sector, digital assets management and decentralised finance, as well as the media industry to drive value creation.

 

Net proceeds of the initial public offering will be used to identify and carry out due diligence on potential investments and to provide working capital for the Company's initial operations in line with its acquisition and investment strategy.


For further information please contact:

NFT Investments

 

Jonathan Bixby

Executive Chairman

Neil Thapar

Investor Relations

via Tancredi +44 207 887 7633

 

 

+44 7876 455 323

IR@nftinvest.pro

First Sentinel

 

Corporate Adviser & Broker

Brian Stockbridge

 

+44 7876 888 011

Tennyson Securities


Corporate Broker

Peter Krens

+44 207 186 9030

Novum Securities


Corporate Broker

Colin Rowbury

Jon Belliss

+44 207 399 9427

Tancredi Intelligent Communication

Media Relations

 

Salamander Davoudi

Helen Humphrey

Edward Daly

nftinvestments@tancredigroup.com

+44 7957 549 906

+44 7449 226 720

+44 7861 430 057

 

 

 


 

 

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