Exercise of Options
30/05/2023 07:00
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RNS Number : 8991A NFT Investments PLC 30 May 2023
30 May 2023
NFT Investments PLC
("NFT Investments" 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 following the exercise of
options by executive director Nicolas Lyth and non-executive director Timothy
Le Druillenec, granted on 6 February 2023. 2,000,000 ordinary shares of
£0.001 each in the Company ("Ordinary Shares") have been issued to Nicholas
Lyth and 500,000 Ordinary Shares have been issued to Timothy Le Druillenec.
The total proceeds receivable by the Company on the exercise of the options
amount to £25,000.
Director name Number of shares issued Exercise price
Nicholas Lyth 2,000,000 £0.01
Timothy Le Druillenec 500,000 £0.01
Following the Exercise, Nicolas Lyth holds 2,000,000 in the Company, which
represents approximately 0.20% of the enlarged issued share capital of the
Company; Timothy Le Druillenec holds 4,000,000 Ordinary Shares in the Company,
which represent approximately 0.40% of the enlarged issued share capital of
the Company.
The application will be 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 5 June 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 1,007,000,000
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.
This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication
of this announcement via a Regulatory Information Service, this inside
information is now considered to be in the public domain.
The FCA notification, made in accordance with the requirements of the UK
Market Abuse Regulation, is appended below.
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 500,000 Ordinary Shares
d) Aggregated information:
· Aggregated volume Single transaction, see details in item (c) above
· Price
e) Date of the transaction 25 May 2023
f) Place of the Transaction AQSE Growth Market
d)
Aggregated information:
· Aggregated volume
· Price
Single transaction, see details in item (c) above
e)
Date of the transaction
25 May 2023
f)
Place of the Transaction
AQSE Growth Market
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nicholas Lyth
2. Reason for the Notification
a) Position/status 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 2,000,000 Ordinary Shares
d) Aggregated information:
· Aggregated volume Single transaction, see details in item (c) above
· Price
e) Date of the transaction 25 May 2023
f) Place of the Transaction AQSE Growth Market
d)
Aggregated information:
· Aggregated volume
· Price
Single transaction, see details in item (c) above
e)
Date of the transaction
25 May 2023
f)
Place of the Transaction
AQSE Growth Market
The directors of NFT Investments accept responsibility for this announcement.
For further information please contact:
NFT Investments
Jonathan Bixby +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
About NFT Investments:
NFT Investments PLC is an incubator 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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