NFT Investments PLC - Exercise of Options
Announcement provided by
Phoenix Digital Assets PLC · PNIX30/05/2023 07:00
30 May 2023
NFT Investments PLC
("NFT Investments" or the "Company")
Exercise of Options
NFT Investments PLC (AQSE: NFT), an investment firm specialising in the market for non-fungible tokens ("NFTs"), announces that following the exercise of options by executive director Nicolas Lyth and non-executive director Timothy Le Druillenec, granted on 6 February 2023. 2,000,000 ordinary shares of
|
Director name |
Number of shares issued |
Exercise price |
|
Nicholas Lyth |
2,000,000 |
|
|
Timothy Le Druillenec |
500,000 |
|
Following the Exercise, Nicolas Lyth holds 2,000,000 in the Company, which represents approximately 0.20% of the enlarged issued share capital of the Company; Timothy Le Druillenec holds 4,000,000 Ordinary Shares in the Company, which represent approximately 0.40% of the enlarged issued share capital of the Company.
The application will be made for the new Ordinary Shares to be admitted to trading on the Access segment of the AQSE Growth Market ("Admission") and it is expected that Admission will become effective on 5 June 2023.
In accordance with the provisions of the Disclosure Guidance and Transparency rules of the Financial Conduct Authority ("FCA"), the Company confirms that, following this issue, its issued share capital will comprise 1,007,000,000 Ordinary Shares, each share carrying the right to one vote. With effect from Admission, this figure may be used by the Company's 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 in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
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.
The FCA notification, made in accordance with the requirements of the
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Timothy Le Druillenec |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Non-executive director |
||||
|
b) |
Initial notification / Amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
NFT Investments PLC |
||||
|
b) |
LEI |
984500E15WF052FFEB19 |
||||
|
4. |
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 |
|||||
|
a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of |
||||
|
|
Identification Code |
GB00BMW34204 |
||||
|
b) |
Nature of the transaction |
Exercise of options |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
Single transaction, see details in item (c) above |
||||
|
e) |
Date of the transaction |
25 May 2023 |
||||
|
f) |
Place of the Transaction |
AQSE Growth Market |
||||
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Nicholas Lyth |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Executive director |
||||
|
b) |
Initial notification / Amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
NFT Investments PLC |
||||
|
b) |
LEI |
984500E15WF052FFEB19 |
||||
|
4. |
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 |
|||||
|
a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of |
||||
|
|
Identification Code |
GB00BMW34204 |
||||
|
b) |
Nature of the transaction |
Exercise of options |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
Single transaction, see details in item (c) above |
||||
|
e) |
Date of the transaction |
25 May 2023 |
||||
|
f) |
Place of the Transaction |
AQSE Growth Market |
||||
The directors of NFT Investments accept responsibility for this announcement.
For further information please contact:
|
NFT Investments |
|
|
Jonathan Bixby Executive Chairman |
+44 207 887 7633
|
|
First Sentinel |
|
|
Corporate Adviser Brian Stockbridge
|
+44 7876 888 011 |
|
Tennyson Securities |
|
|
Corporate Broker Peter Krens |
+44 207 186 9030 |
About NFT Investments:
NFT Investments PLC is an incubator specialising in the market for non-fungible tokens ("NFTs") and is the first ever NFT vehicle to list in a major jurisdiction worldwide. The Company invests in a diversified portfolio of NFTs, cryptocurrency, and/or in companies or funds which have exposure to NFT or blockchain technology. The Company's leadership team have an extensive track record in the cryptocurrency sector and previously founded Argo Blockchain PLC, a global crypto miner. NFT Investments is headquartered in
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