Exercise of Options
17/02/2023 18:12
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RNS Number : 3529Q NFT Investments PLC 17 February 2023
The information communicated in this announcement is inside information for
the purposes of Article 7 of Regulation 596/2014.
Press Release
17 February 2023
NFT Investments PLC
("NFT" or "the Company")
Exercise of Options
NFT Investments PLC (AQSE: NFT), an investment firm specialising in the market
for non-fungible tokens ("NFTs"), announces that 1,500,000 ordinary shares of
£0.001 each in the Company ("Ordinary Shares") have been issued following the
exercise of an option by Timothy Le Druillenec, non-executive director,
granted on 6 February 2023. The proceeds receivable by the Company on the
exercise of the option amount to £15,000.
Following the Exercise, Timothy Le Druillenec holds 3,500,000 Ordinary Shares
in the Company, which represents approximately 0.35% of the enlarged issued
share capital of the Company.
Director name Number of shares issued Exercise price
Timothy Le Druillenec 1,500,000 £0.01
The application has been made for the new Ordinary Shares to be admitted to
trading on the Access segment of the AQSE Growth Market ("Admission") and it
is expected that Admission will become effective on 23 February 2023.
In accordance with the provisions of the Disclosure Guidance and Transparency
rules of the Financial Conduct Authority ("FCA"), the Company confirms that,
following this issue, its issued share capital will comprise 1,004,500,000
Ordinary Shares, each share carrying the right to one vote. With effect from
Admission, this figure may be used by the Company's shareholders 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 FCA's Disclosure Guidance and
Transparency Rules.
The FCA notification, made in accordance with the requirements of the UK
Market Abuse Regulation is appended below.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Timothy Le Druillenec
2. Reason for the Notification
a) Position/status Non-executive director
b) Initial notification / Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name NFT Investments PLC
b) LEI 984500E15WF052FFEB19
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the Financial instrument, type of instrument Ordinary shares of £0.001 each
Identification Code GB00BMW34204
b) Nature of the transaction Exercise of options
c) Price(s) and volume(s) Price(s) Volume(s)
£0.01 per Ordinary Share 1,500,000 Ordinary Shares
d) Aggregated information:
· Aggregated volume Single transaction, see details in item (c) above
· Price
e) Date of the transaction 17 February 2023
f) Place of the Transaction Outside a trading venue
d)
Aggregated information:
· Aggregated volume
· Price
Single transaction, see details in item (c) above
e)
Date of the transaction
17 February 2023
f)
Place of the Transaction
Outside a trading venue
The Directors of NFT Investments take responsibility for this announcement.
For further information please contact:
NFT Investments
Jonathan Bixby via Tancredi +44 207 887 7633
Executive Chairman
First Sentinel
Corporate Adviser +44 7876 888 011
Brian Stockbridge
Tennyson Securities
Corporate Broker +44 207 186 9030
Peter Krens
Tancredi Intelligent Communication
Media Relations
Gabriela Amaya Garcia +44 7915 035 294
Charlie Hobbs +44 7897 557 112
nftinvestments@tancredigroup.com (mailto:nftinvestments@tancredigroup.com)
About NFT Investments:
NFT Investments PLC is an investment firm specialising in the market for
non-fungible tokens ("NFTs") and is the first ever NFT vehicle to list in a
major jurisdiction worldwide. The Company invests in a diversified portfolio
of NFTs, cryptocurrency, and/or in companies or funds which have exposure to
NFT or blockchain technology. The Company's leadership team have an extensive
track record in the cryptocurrency sector and previously founded Argo
Blockchain PLC, a global crypto miner. NFT Investments is headquartered in
London, UK and its shares are listed on the Aquis Stock Exchange Growth Market
under the ticker symbol NFT. https://www.nftinvest.pro/
(https://www.nftinvest.pro/)
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