Dispersion Holdings - Update on Defi Yield Technologies

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Supernova Digital Assets Plc · SOL

16/09/2021 07:00

RNS Number : 9328L

Dispersion Holdings PLC

16 September 2021

Press Release

16 September 2021

Dispersion Holdings PLC

("Dispersion" or "The Company")

Update on Defi Yield Technologies

On 20 August 2021 Dispersion announced that DeFi Yield Technologies Inc. ("DFTI"), in which it has a shareholding, had signed a Letter of Intent for its takeover by DeFi Technologies Inc, a Canadian DeFi business listed on the NEO Exchange in Toronto.

DeFi Technologies Inc. has decided not to proceed with this transaction. The Company's investment in DFTI remains unaffected.

The directors of Dispersion Holdings plc accept responsibility for this announcement.

For further information please contact:

Dispersion Holdings
Mike Edwards Chief Executive Neil Thapar Investor Relations	via Tancredi +44 207 887 7633 +44 7876 455 323
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 Salamander Davoudi Helen Humphrey dispersion@tancredigroup.com	+44 7861 430 057 +44 7957 549 906 +44 7449 226 720

About Dispersion Holdings PLC:

Dispersion Holdings is an investment company 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.

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