Valereum PLC - Sale of Bitcoin Mining Assets
Announcement provided byValereum Plc · VLRM
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of
21 April 2023
("Valereum" or the "Company")
Sale of Bitcoin Mining Assets
Valereum Plc, the
Richard Poulden, Valereum's Chairman, said: "The sale of the Bitcoin mining assets clearly demonstrates the board's commitment to focus completely on the core business of completing the exciting acquisition of the Gibraltar Stock Exchange and launching our NFT Collections program."
The shares in Vinanz are subject to a 12 month lock-in.
Rule 4.6 of the Access Rulebook:
Richard Poulden, a director of Valereum, controls Black Swan FZE which subscribed for shares in Vinanz, having paid a total consideration of
The Directors (excluding Richard Poulden), having exercised reasonable care, skill and diligence, believe that the above-described transaction is fair and reasonable as far as the shareholders of Valereum are concerned.
The Directors of the Company accept responsibility for the contents of this announcement.
Richard Poulden, Chairman
Tel: +971 4584 6284
AQSE Corporate Adviser
First Sentinel Corporate Finance
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J&H Communications Limited
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For more information, please visit the Company's website at valereum.gi