AQRU plc - Change of name to AQRU plc
RNS Number : 1344Y
AQRU plc
12 January 2022
 

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). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

Press Release

 

12 January 2022

 

 

Dispersion Holdings PLC

 

("Dispersion", or "the Company")

 

Change of name to AQRU PLC,

Rebranding of retail platform

Directorate change

 

Dispersion Holdings plc (AQSE: DEFI), an incubator specialising in decentralised finance ("DeFi"), is pleased to announce that the Company has changed its name to AQRU plc.

 

The change aligns the Company's new name with the retail online platform launched by its subsidiary, Accru Finance, under the AQRU brand earlier this month. The platform provides investors with simple access to high yields available from lending cryptocurrencies worldwide.

 

The Company's ticker symbol, under which its shares are traded on the AQSE Growth Market, will be changed to "AQRU" with immediate effect. The Company's website address has also changed to www.aqru.io.

 

As part of its streamlining of brands, the Company has also renamed DeFi Yield Technologies, a subsidiary whose Defi-platform is aimed at the institutional market, to AQRU DeFi with immediate effect.

 

Following these changes, Mike Edwards is moving from Executive Chairman to become Non-executive Chairman.

 

Philip Blows, Chief Executive, commented: "Today's announced changes reflect an operational refocus of the Company following the launch of AQRU platforms and brand. These changes begin an exciting new chapter for the Company's growth under a single brand. The Company has evolved rapidly since its debut on AQSE in April last year and I look forward to building on our solid momentum and a burgeoning DeFi sector to deliver strong growth for the long term."

 

The directors of AQRU plc accept responsibility for this announcement.

 

 

For further information, please contact:

 

AQRU


Philip Blows

Chief Executive

Neil Thapar

Investor Relations

via Tancredi +44 207 887 7633

 

+44 7876 455 323

 

Tennyson Securities


Corporate Broker

Peter Krens

 

+44 207 186 9030

Novum Securities


AQSE Corporate Adviser

David Coffman / Lucy Bowden

Broker

Colin Rowbury / Jon Belliss

+44 207 399 9400

Tancredi Intelligent Communication

Media Relations


Edward Daly

Charlie Hobbs

dispersion@tancredigroup.com

+44 7861 430 057

+44 7897 557 112

 

 

About AQRU PLC:

 

AQRU is an incubator specialising in opportunities in decentralised finance (DeFi), a disruptive technology using blockchain and cryptocurrencies to remove financial intermediaries from transactions, creating a cheaper, more efficient and more secure way of providing financial services. Listed on the Aquis Exchange in London, we apply our expertise to the business operations and strategic plans of FinTech companies in the UK, USA and Canada, and act as an accelerator for start-ups and early-stage companies. www.aqru.io.

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