Dispersion Holdings - Update on Defi Yield Technologies
16/09/2021 06:59
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RNS Number : 9328L Dispersion Holdings PLC 16 September 2021
Press Release
16 September 2021
Dispersion Holdings PLC
("Dispersion" or "The Company")
Update on Defi Yield Technologies
On 20 August 2021 Dispersion announced that DeFi Yield Technologies Inc.
("DFTI"), in which it has a shareholding, had signed a Letter of Intent for
its takeover by DeFi Technologies Inc, a Canadian DeFi business listed on the
NEO Exchange in Toronto.
DeFi Technologies Inc. has decided not to proceed with this transaction. The
Company's investment in DFTI remains unaffected.
The directors of Dispersion Holdings plc accept responsibility for this
announcement.
For further information please contact:
Dispersion Holdings
Mike Edwards via Tancredi +44 207 887 7633
Chief Executive
Neil Thapar +44 7876 455 323
Investor Relations
Novum Securities
AQSE Corporate Adviser +44 207 399 9400
David Coffman / Lucy Bowden
Broker
Colin Rowbury / Jon Belliss
Tancredi Intelligent Communication
Media Relations
Edward Daly +44 7861 430 057
Salamander Davoudi +44 7957 549 906
Helen Humphrey +44 7449 226 720
dispersion@tancredigroup.com (mailto:dispersion@tancredigroup.com)
About Dispersion Holdings PLC:
Dispersion Holdings is an investment company specialising in opportunities in
decentralised finance (DeFi), a disruptive technology using blockchain and
cryptocurrencies to remove financial intermediaries from transactions,
creating a cheaper, more efficient and more secure way of providing financial
services. Listed on the Aquis Exchange in London, we apply our expertise to
the business operations and strategic plans of FinTech companies in the UK,
USA and Canada, and act as an accelerator for start-ups and early-stage
companies.
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