Skip to content

Dispersion Holdings - Result of General Meeting

Announcement provided by


26/10/2021 17:57

Dispersion Holdings - Result of General Meeting
RNS Number : 3456Q
Dispersion Holdings PLC
26 October 2021

Press Release

26 October 2021 


Dispersion Holdings PLC

("Dispersion" or "The Company") 

Result of GM, Completion of Acquisitions and Board Changes

Dispersion (AQSE: DEFI), an incubator specialising in decentralised finance ("DeFi"), is pleased to announce that at the Company's General Meeting held earlier today, all resolutions were duly passed.


The passing of the resolutions enables the completion of the acquisitions of Accru Finance Limited ("Accru") and DeFi Yield Technologies Inc. ("DFTI") which were announced on 18 October 2021 and 25 October 2021 respectively.


The consideration for the acquisition of Accru is the issue of 250,000,000 new ordinary shares in the Company and the consideration for the acquisition of DFTI is the issue of 348,725,646 new ordinary shares in the Company. These shares will be admitted to trading on AQSE on 29 October 2021.

The new ordinary shares will rank pari passu with the existing ordinary shares of the Company. Following the issue of the new ordinary shares, the Company's issued share capital will comprise 1,221,225,646 ordinary shares of 0.1p (including the 598,725,646 new ordinary shares). The above figure of 1,221,225,646 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

As announced on 18 October 2021, following the completion of the Accru acquisition, Philip Blows and Digby Try are being appointed as directors of Dispersion. Mr Blows has been appointed chief executive and Mike Edwards becomes executive chairman.


The following information is disclosed pursuant to Rule 4.9 of the AQSE Growth Market Access Rulebook.


Current Directorships

Past Directorships

Philip Blows

Accru Finance Limited

Crossbones London Limited

Digby Try


FFS Provo Limited


There is no further information to be disclosed pursuant to Rule 4.9 of the AQSE Growth Market Access Rulebook.


Philip Blows, chief executive of Dispersion Holdings, said: "The acquisition of both Accru Finance and DeFi Yield Technologies is a significant development for Dispersion and will enable the Company to accelerate and execute our long-term growth strategies within the burgeoning DeFi market sector."


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



For further information please contact:

Dispersion Holdings

Mike Edwards

Executive Chairman

Philip Blows

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


Colin Rowbury / Jon Belliss

+44 207 399 9400

Tancredi Intelligent Communication

Media Relations

Edward Daly

Salamander Davoudi

+44 7861 430 057

+44 7957 549 906


About Dispersion Holdings PLC:

Dispersion Holdings 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

View more ...

AQRU announcementsAll announcements


  • About
  • News
  • Investor Relations
  • Contact
  • Careers

© Aquis Exchange 2023. All rights reserved.

Terms & ConditionsPrivacy PolicyModern Slavery & Human Trafficking Policy
System statusnormal