Samara Asset Group p.l.c.
Cryptology Asset Group p.l.c. resolves a cash capital increase and sale of treasury shares
Cryptology Asset Group PLC / Key word(s): Capital Increase Disclosure of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014 Cryptology Asset Group p.l.c. resolves a cash capital increase and sale of treasury shares The Company has entered into binding subscription agreements for the entire amount of in total 160,000 shares with several institutional investors. Closing of the transaction is expected for end of April 2021. The capital increase will be carried out in cash contributions and by partially utilizing the existing authorized capital. The share capital of the Company is to be increased from EUR 2,732,500 to EUR 2,860,875 by issuing 128,375 new bearer shares of the Company (“New Shares”). The New Shares will be issued with a pro rata amount of capital stock of EUR 1.00 per share and with full dividend rights from 1 January 2021. The New Shares and treasury shares will be offered at a fixed price of EUR 200.00 per share. Following their issue, the New Shares will be included in the existing listing on the primary market of the Düsseldorf Stock Exchange. The net proceeds from the capital increase and the funds received from the sale of treasury shares of in total 32,00,000 will be used to invest in new portfolio companies from the Cryptology pipeline. The company is also exploring the acquisition of crypto assets, such as Bitcoin, as part of its treasury management strategy. Contact:
15-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Cryptology Asset Group PLC |
Beatrice 66 & 67, Amery Street | |
SLM 1707 Sliema | |
Malta | |
E-mail: | info@cryptology-ag.com |
Internet: | cryptology-ag.com |
ISIN: | MT0001770107 |
WKN: | A2JDEW |
Listed: | Regulated Unofficial Market in Dusseldorf |
EQS News ID: | 1185329 |
End of Announcement | DGAP News Service |