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Coinsilium Group Limited: Sale of Treasury Shares

Coinsilium Group Limited (COIN)
Coinsilium Group Limited: Sale of Treasury Shares

29-Dec-2020 / 16:30 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


COINSILIUM GROUP LIMITED

("Coinsilium" or the "Company")

 

Sale of Treasury Shares

 

 

London, UK, 29 December 2020 - Coinsilium Group Limited (AQSE:COIN) (OTCQB:CINGF) the Blockchain, Open Finance and Crypto Finance venture operator, is pleased to announce that it has agreed to sell 1,450,000 of its 6,130,000 ordinary shares that are held in treasury, at 4.5 pence per share for gross proceeds of £65,250. The Company will have 4,680,000 ordinary shares in treasury, once the sale completes.

 

The figure of 148,418,235 Ordinary Shares may 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 and Transparency Rules.

 

 

The Directors of Coinsilium Group Limited take responsibility for this announcement.

 

For further information, please contact:

 

Coinsilium Group Limited

Malcolm Palle, Executive Chairman

Eddy Travia, Chief Executive

+44 (0) 7785 381 089

www.coinsilium.com

 

 

Peterhouse Capital Limited

Guy Miller / Mark Anwyl

(AQSE Growth Market Corporate Adviser)

+44 (0) 207 469 0930

 

 

SI Capital Limited

Nick Emerson

(Broker)

+44 (0) 1483 413 500

 

 

Notes to Editor

 

About Coinsilium

 

Coinsilium is a focused Blockchain, Open Finance and Crypto Finance venture operator. As the first ever IPO of a blockchain company in 2015, Coinsilium has harnessed its experience and wide-ranging network to invest in leading blockchain projects such as RSK/IOV Labs, Indorse and Blox.

 

In July 2020, Coinsilium executed an agreement with top 100 blockchain protocol company IOV Labs, to establish a 50/50 Joint Venture Company in Singapore to promote and commercialise RSK's products, services and technologies in the Asian markets and to promote the adoption in the region of the RIF token which powers the ecosystem of solutions developed by RSK, their partners and developers around the world.

 

Coinsilium shares are traded on the London-based AQSE Growth Market, the primary market for unlisted securities operated by Aquis Stock Exchange, a Recognised Investment Exchange under the Financial Services and Markets Act 2000 under the ticker symbol "COIN", and on OTCQB Venture Market ("OTCQB") in the United States under the ticker symbol "CINGF".

 

For further information please visit www.coinsilium.com or follow @CoinsiliumGroup on Twitter

 

 

 



ISIN: VGG225641015
Category Code: MSCM
TIDM: COIN
Sequence No.: 90530
EQS News ID: 1157792

 
End of Announcement EQS News Service

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