Cryptology Asset Group PLC

  • ISIN: MT0001770107
  • Land: Malta

Nachricht vom 22.07.2021 | 11:58

Cryptology's estimated NAV per share as of 21/07/2021 is €153.51

DGAP-News: Cryptology Asset Group PLC / Key word(s): Statement/Cryptocurrency / Blockchain
22.07.2021 / 11:58
The issuer is solely responsible for the content of this announcement.

Corporate News

Cryptology Asset Group p.l.c. ("Cryptology")
Malta, 22.07.2021

Cryptology's estimated NAV per share as of 21/07/2021 is €153.51

Cryptology recently held an extraordinary general meeting where a 20-1 share split was ratified

 

Malta, 22.07.2021. Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR), a leading European investment firm for crypto assets and blockchain-related business models, announced its most recent estimated Net Asset Value ("NAV") per share of €153.51.

The shareholders of Cryptology convened an extraordinary general meeting on July 20, 2021, where a 20-1 share split was ratified. Authorized share capital of Cryptology was redenominated from 3,200,000 shares with a nominal value of €1 per share to 64,000,000 shares with a nominal value of €0.05 per share.

Recently, GBC AG recently completed an independent, initial research report on Cryptology Asset Group with a 'Buy' rating and a price target of €358.43. The shares closed yesterday at €158, well over a 50% discount to GBC's price target.

Cryptology CEO, Patrick Lowry, said "Cryptology's mission is to make crypto accessible to everyone. We felt one of the best ways to help achieve this was through a share split of the Cryptology stock. Completing this successfully, in my personal view, makes our highly curated and exclusive portfolio of investments more accessible to many investors."

Cryptology shares currently trade on several German exchanges including Börse Düsseldorf, Gettex and Tradegate. In order to increase trading liquidity and open up to new shareholder groups, Cryptology is currently exploring an international listing. The ticker symbol for Cryptology was recently changed from 4UD to CAP.

 

About Cryptology Asset Group p.l.c.

Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR) is a leading European investment company for crypto assets and blockchain-related business models. Founded by Christian Angermayer's family office, Apeiron Investment Group, and crypto-legend Mike Novogratz, Cryptology is the largest publicly traded holding company for blockchain- and crypto-based business models in Europe. Noteworthy portfolio companies include crypto-giant and EOSIO software publisher Block.one, leading HPC provider Northern Data, commission-free online neobroker nextmarkets, and crypto asset management group Iconic Funds.

Media Contact:

Cryptology Asset Group p.l.c.

Jefim Gewiet (COO)

66/67, Beatrice, Amery Street,

Sliema SLM 1707 Malta

E-mail: info@cryptology-ag.com



22.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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GBC-Fokusbox

Cryptology Asset Group PLC: 120 % Kurspotenzial

GBC Research hat mit der Coverage der Cryptology Asset Group PLC (ISIN: MT0001770107) begonnen. Die Bewertung der führenden europäischen Investmentgesellschaft für Krypto-Assets und Blockchain-Unternehmen erfolgte mittels der Berechnung des Net Asset Value (NAV). Unter Berücksichtigung aller Beteiligungen ergibt sich zum 05. Juli 2021 eine GBC-Fair-NAV-Bewertung in Höhe von 1,04 Mrd. EUR. Daraus ergibt sich ein NAV je Cryptology-Aktie von 358,43 EUR. Daher empfiehlt GBC Research die Cryptology-Aktie zum Kauf und sieht ein Kurspotenzial von über 120 %.

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