Exercise of Warrants and Issue of Shares
01/12/2023 07:00
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RNS Number : 2689V NFT Investments PLC 01 December 2023
01 December 2023
NFT Investments PLC
("NFT Investments" or the "Company")
Exercise of Warrants and Issue of Shares
NFT Investments PLC (AQSE: NFT), an investment firm specialising in the market
for non-fungible tokens ("NFTs"), announces that it has received notice from
Timothy Vincent Le Druillenec Non-Executive Director of the Company to
exercise warrants over 1,000,000 ordinary shares of £0.001 each in the
Company ("Ordinary Shares") at an exercise price of 1p per Ordinary Share
("New Ordinary Shares"). As a result, the Company will issue 1,000,000 new
Ordinary Shares to the exercising warrant holder.
Following the Exercise, Timothy Vincent Le Druillenec holds 5,000,000 Ordinary
Shares in the Company, which represents approximately 0.50% of the enlarged
issued share capital of the Company. Additionally, Timothy Vincent Le
Druillenec holds 2 million warrants with an exercise price of 1p per Ordinary
Share that remain unexercised.
Application will be made for the New Ordinary Shares, which will rank pari
passu with the existing Ordinary Shares in issue, to be admitted to trading on
the AQSE Growth Market ("Admission"). Dealings are expected to commence on or
around 6 December 2023.
Total Voting Rights
Following Admission, the Company's total issued and voting share capital will
consist of 1,009,000,000 Ordinary Shares. The Company does not hold any
ordinary shares in treasury.
The above figure may be used by 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 Company under the FCA's
Disclosure 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.
The directors of NFT Investments accept responsibility for this announcement.
For further information please contact:
NFT Investments
Jonathan Bixby +44 20 3855 5551
Executive Chairman
First Sentinel Corporate Finance
Corporate Adviser +44 20 3855 5551
Brian Stockbridge
About NFT Investments:
NFT Investments PLC invests in a diversified portfolio of 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/)
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 warrant
c) Price(s) and volume(s) Price(s) Volume(s)
£0.01 per Ordinary Share 1,000,000 Ordinary Shares
d) Aggregated information:
· Aggregated volume Single transaction, see details in item (c) above
· Price
e) Date of the transaction 28 November 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
28 November 2023
f)
Place of the Transaction
Outside a trading venue
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