REG - GSTechnologies Ltd - Acquisition of Finferno

GSTechnologiesAnnouncement

Mon 10:15

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RNS Number : 9872M  GSTechnologies Ltd  29 December 2025

29 December 2025

GSTechnologies Limited

 

("GST" or the "Company")

 

Acquisition of Finferno

GSTechnologies Ltd (LSE: GST), the fintech company, is pleased to announce
that the Company has entered into a legally binding agreement to acquire the
entire issued share capital of Finferno Spółka Z Ograniczoną
Odpowiedzialnością ("Finferno"), a Polish-registered Virtual Asset Service
Provider ("VASP"), for an undisclosed cash consideration (the "Acquisition").

The Acquisition, which is being funded through the Company's existing cash
resources, is intended to facilitate the growth of the Group's digital asset
business, focused on both digital asset exchange and wealth management, in
Poland and Central Europe.  In particular, the Acquisition will enable the
Group to launch new offerings in Poland, initially on a pilot basis.  GST
views Poland as a particularly attractive area for future growth given the
country's robust economic growth forecasts and surging cryptocurrency
adoption.

Tone Goh, Chairman of GST, commented: "I am very pleased to be announcing the
acquisition of Finferno, which will add to GST's growing digital asset
capabilities.  This acquisition is in line with our plans to grow our digital
asset business, GS Fintech, internationally in selected markets where we see
strong potential.  Poland, and Central Europe more widely, offer attractive
opportunities for GST, and we are keen to invest more in the region, which is
enjoying significant economic growth and burgeoning cryptocurrency adoption.
As we enter 2026 GST is very well positioned and I look forward to providing
further updates in due course."

Enquiries:

The Company

Tone Goh, Executive Chairman

+65 6444 2988

Financial Adviser

First Sentinel Corporate Finance

+44 (0)20 3855 5551  

Brian Stockbridge / Gabrielle Cordeiro

Broker

CMC Markets

+44 (0)20 3003 8632

Douglas Crippen

Financial PR & Investor Relations

IFC Advisory Limited

Tim Metcalfe / Graham Herring / Florence Staton

+44 20 (0) 3934 6632

 For more information please see: https://gstechnologies.co.uk/
 (https://gstechnologies.co.uk/)

 

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