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REG - London BTC Company - Result of Placing

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RNS Number : 4489Q  London BTC Company Limited  10 July 2025

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE RESTRICTED AND ARE
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, NEW
ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR IN OR INTO ANY OTHER
JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.

 

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF
CONSTITUTE AN OFFER FOR SALE OR SUBSCRIPTION OF ANY SECURITIES IN THE COMPANY.
THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION,
RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE
ACQUIRE OR DISPOSE OF ANY SECURITIES OF LONDON BTC COMPANY LIMITED IN ANY
JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (596/2014/EU) AS IT FORMS PART OF UK DOMESTIC
LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 AS AMENDED
("MAR").  UPON THE PUBLICATION OF THIS ANNOUNCEMENT, SUCH INFORMATION WILL NO
LONGER CONSTITUTE INSIDE INFORMATION.

 

 

10 July 2025

 

London BTC Company Limited

(or the "Company")

 

Result of Placing

London BTC Company Limited (BTC:L), the London Stock Exchange Main
Market-listed Bitcoin treasury company with active mining operations across
the United States and Canada, is pleased to confirm, further to the
announcements made on 9 July 2025, that it has raised aggregate gross proceeds
of £1,500,000. Accordingly, the Company will issue 11,538,462 new ordinary
shares of no par value ("Ordinary Shares") at a price of 13p per share (the
"Issue Price").

Hewie Rattray, CEO of London BTC Company, commented: "We have raised a further
£1.5 million to continue building our Bitcoin treasury. The additional
capital allows us to stay active in the market and further align our balance
sheet with our long-term conviction to Bitcoin."

Admission and Total Voting Right

Applications will be made for the new Ordinary Shares to be admitted to
trading on the Main Market of the London Stock Exchange plc ("Admission").
Admission is expected to become effective on or around 16 July 2025.

Upon Admission of the new Ordinary Shares being announced today along with the
issue of Ordinary Shares announced on 04 July 2025, the Company's enlarged
issued share capital will consist of 347,413,515 Ordinary Shares, each
carrying one voting right. The Company does not hold any Ordinary Shares in
treasury. This figure may be used by shareholders as the denominator for the
purposes of calculating whether they are required to notify the Company of a
change in their interest in the Company's share capital pursuant to the
Company's Articles of Association.

The new Ordinary Shares will be issued free from all liens, charges, and
encumbrances and will, upon Admission, rank pari passu in all respects with
the existing Ordinary Shares of the Company.

END

For further information, please contact:

 London BTC Company Limited

 Hew Rattray (CEO)                                               hewie@ldnbtc.com (mailto:hewie@ldnbtc.com)

 Rob Scott (Finance Director)                                    rob@ldnbtc.com (mailto:rob@ldnbtc.com)

 David Lenigas (Chairman)                                        david@ldnbtc.com (mailto:david@ldnbtc.com)

 First Sentinel Corporate Finance                                brian@first-sentinel.com (mailto:brian@first-sentinel.com)

 Brian Stockbridge                                               +44 (0) 20 3855 5551

 Clear Capital Markets Limited (Bookrunner and Placing Agent)

 Bob Roberts

                                                                 bobroberts@clear-cm.co.uk (mailto:bobroberts@clear-cm.co.uk)  

                                                                 +44 (0) 203 869 6081

 Ryan Thompson

                                                                 ryanthompson@clear-cm.co.uk (mailto:ryanthompson@clear-cm.co.uk)

                                                                 +44 (0) 203 984 4220

 Square1 Consulting (Financial PR)                               david.bick@square1consulting.co.uk (mailto:david.bick@square1consulting.co.uk)

 David Bick

                                                               +44 (0) 20 7929 5599

                                                                 +44 (0) 7831 381201

 

 

Further information on the Company can be found on its website at
www.ldnbtc.com (http://www.ldnbtc.com/)

 

About London BTC Company Limited

 

The Company's primary listing is in London (United Kingdom) on the London
Stock Exchange under the ticker "BTC.L" and trades in the USA on the US OTCQB
under the ticker "VINZF". The Company is building up a strategic Bitcoin
holding through acquiring Bitcoin as a treasury and currency management tool
and by adding Bitcoin through its own Bitcoin mining operations in North
America. The Company currently has miners installed in multiple third-party
hosting facilities in Indiana, Iowa, Nebraska and Texas in the USA and in
Labrador (Canada).

 

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