COINSILIUM GROUP LIMITED
("Coinsilium" or the "Company")
Coinsilium Group Limited: Coinsilium completes Subscription and Placing raising GBP258,150
London, UK, 21 April 2022 - Coinsilium Group Limited (AQSE:COIN) (OTCQB:CINGF), the Web3 investor, advisor, and venture builder, is pleased to announce that it has raised GBP258,150 gross of expenses via a company share subscription and broker placing through Peterhouse Capital and SI Capital, of 17,209,999 new ordinary shares of no par value ("Ordinary Shares") at a price of 1.5 pence per share (the "Placing Shares") from existing and new shareholders and directors of the Company. Each Placing Share has an attaching warrant to subscribe for a further new ordinary share at an exercise price of 3p ("Warrants"), valid for two years from the expected date of admission of the Placing Shares, being 27 April 2023.
The Directors' participation in the Subscription are as follows:
Director Number of Ordinary shares Amount subscribed
Eddy Travia 3,350,000 GBP50,250
Malcolm Palle 3,350,000 GBP50,250
The funds raised will predominantly be used for investment purposes and specifically for follow-on funding rounds in certain ventures of the Company’s portfolio. Further announcements in this respect will be made in due course.
Application has been made for the Placing Shares to be admitted to the AQSE Growth Market, expected to occur on or about 27 April 2023.
Total Voting Rights
Following the issue of the 17,209,999 Ordinary Shares, the Company has 191,958,234 Ordinary Shares in issue, which also represents the total number of voting rights in the Company. The Company does not hold any ordinary shares in treasury. This figure should be used by shareholders 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.
Following the issue of the Placing shares, the interests of the Directors of the Company are
Director Number of Ordinary Shares Percentage interest in enlarged issued share capital
Eddy Travia 11,856,702 6.18
Malcolm Palle 12,234,234 6.37
The Directors of Coinsilium Group Limited take responsibility for this announcement.
For further information, please contact:
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Coinsilium Group Limited
Malcolm Palle, Executive Chairman
Eddy Travia, Chief Executive
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+350 2000 8223
+44 (0) 7785 381 089
www.coinsilium.com
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Peterhouse Capital Limited
Guy Miller / Mark Anwyl
(AQSE Growth Market Corporate Adviser)
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+44 (0) 207 469 0930
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SI Capital Limited
Nick Emerson
(Broker)
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+44 (0) 1483 413 500
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Notes to Editor
About Coinsilium
Coinsilium is a focused Web3 Investor, Advisor and Venture Builder based in Gibraltar, a pre-eminent global regulatory jurisdiction, and a leading hub for innovative financial technology. In 2015, Coinsilium became the first blockchain company to IPO. The Company has evolved to develop revenue-generating strategic advisory services and is a highly regarded innovator with proven technological and commercial expertise and development capabilities in the Web3 arena and within Open Finance.
Coinsilium has developed an array of commercial partnerships and joint ventures around the world to support its development capabilities, giving it access to best-in-class tech experts, a strong network, and asserting its profound industry profile. It has also partnered with blockchain technology experts Indorse to create Nifty Labs, a Web3 and Non-Fungible Token ('NFT') technology development studio in Gibraltar.
Coinsilium shares are traded on the AQSE Growth Market in London, under the ticker symbol "COIN", and on the OTCQB Venture Market in the United States under the ticker symbol "CINGF".
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Eddy Travia
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2
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Reason for the notification
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a)
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Position/status
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PDMR
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b)
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Initial notification /Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Coinsilium Group Limited
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b)
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LEI
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213800YP3S25YH3GQV31
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of no par value each in Coinsilium Group Ltd
Identification code (ISIN) for Coinsilium Group Limited ordinary shares: VGG225641015
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b)
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Nature of the transaction
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Purchase of Ordinary Shares
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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1.5p
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3,350,000
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Grant of Warrants
Exercise: 3p
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Volume(s)
3,350,000
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A
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e)
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Date of the transaction
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20 April 2023
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f)
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Place of the transaction
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Aquis Exchange
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Malcolm Palle
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2
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Reason for the notification
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a)
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Position/status
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PDMR
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b)
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Initial notification /Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Coinsilium Group Limited
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b)
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LEI
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213800YP3S25YH3GQV31
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of no par value each in Coinsilium Group Ltd
Identification code (ISIN) for Coinsilium Group Limited ordinary shares: VGG225641015
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b)
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Nature of the transaction
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Purchase of Ordinary Shares
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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1.5p
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3,350,000
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Grant of Warrants
Exercise: 3p
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Volume(s)
3,350,000
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A
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e)
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Date of the transaction
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20 April 2023
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f)
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Place of the transaction
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Aquis Exchange
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