REG - Tap Global Group PLC - Admission to AIM & First Day of Dealings
27/06/2025 07:15
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RNS Number : 6452O Tap Global Group PLC 27 June 2025
27 June 2025
Tap Global Group plc
("Tap Group" or the "Company")
Admission to AIM
&
First Day of Dealings
Tap Global Group plc (AIM: TAP), an innovative digital finance hub that brings
money payments and cryptocurrency settlement services together in a single
user-friendly app, is pleased to announce the admission of its entire issued
share capital, being 743,409,624 ordinary shares of 0.1 pence each ("Ordinary
Shares"), to trading on the AIM market of London Stock Exchange
plc ("Admission").
Admission and dealings in the Ordinary Shares will commence at 8.00
a.m. today under the same TIDM and ISIN of TAP and GB00BMVSDN09,
respectively. Cancellation of the Company's Ordinary Shares on the AQSE Growth
Market will take place simultaneously.
Information on the Company
Tap Group is a rapidly growing fintech provider, specialising in traditional
money account management and cryptocurrency settlement solutions for over
390,000 registered users. Tap Group's mission is to create a fully regulated
bridge linking fiat financial systems, traditional assets, and cryptocurrency
markets, providing a single solution for over 560 million crypto users
globally.
Tap Group operates a fully functional crypto/payments solution for both
consumers and corporate customers. Its wholly owned subsidiary Tap Global
Limited is a fully integrated crypto-fiat exchange service provider with an
associated Neo Payments platform based in Gibraltar and is a regulated DLT
Licence Holder in Gibraltar. It was the first cryptocurrency fintech company
to be approved by Mastercard in Europe. Through the Tap card, European users
can convert their cryptocurrencies to fiat and spend at more than 37 million
merchant locations worldwide.
A single registration provides customers with access to several major crypto
exchanges through the Tap App allowing them to purchase and trade over 50
types of cryptoassets, without having to operate through multiple exchanges,
and store them directly in individual digital wallets. The wallets can also
store fiat currency denominated in multiple major currencies. Utilising Tap
Group's proprietary Artificial Intelligence middleware, Tap Group provides
customers with competitive crypto trading prices through its connections with
multiple exchanges, which are scanned to find the best possible trade
permutations at the point of a transaction giving the benefit of best
execution and pricing in real time. This allows Tap Group to offer
competitive pricing for trades and instant crypto or cash settlement.
Tap Group provides individual payments accounts denominated in GBP and/or EUR
to all its customers in the UK, EEA and EU through its payments
partner, Clear Junction. B2B and B2C customers can operate their Tap
Group fiat payments account for ordinary business activities, such as paying
suppliers and receiving monies in two fiat currencies (currently EUR and GBP,
with more fiat currencies in development).
Confirmation of Appointment of Director
Further to the announcement on 24 June 2025, the Board is pleased to confirm
the appointment of Steven Borg, Chief Financial Officer, as an Executive
Director of the Company. The Company has granted share options to Mr Borg as
set out in the appendix below.
Further information in relation to Admission can be found in the Company's
Schedule One announcement published on 13 June 2025 and Admission Document
published on 24 June 2025. The Schedule One and copy of the Admission
Document, as well as information required pursuant to AIM Rule 26, is
available on the Company's website at: https://investor.tap.global/
(https://investor.tap.global/) .
Arsen Torosian, Chief Executive Officer, commented:
"While most fintechs list to fund a search for profitability, Tap Group is
listing on AIM having already achieved it. That is our difference. We spent
years doing the hard work first: building a fully regulated, cash flow
positive business that serves nearly 400,000 registered users across the
globe. We've proven the model, the technology, and the demand. So today is not
about validation; it's about amplification. We offer investors what has become
exceptionally rare: the explosive upside of a challenger, built on the
profitable foundation of a leader. The opportunity is now, and we are ready to
seize it."
A new interview with Arsen Torosian regarding the Company's Admission to AIM
has been published this morning and is available to watch at:
https://media.focusir.com/ArsenTorosian-TapGlobal-DiscussesAmbitiousGrowthPlansFollowingAdmissionToAIM
(https://media.focusir.com/ArsenTorosian-TapGlobal-DiscussesAmbitiousGrowthPlansFollowingAdmissionToAIM)
.
Enquiries:
Tap Global Group Plc
Arsen Torosian, Chief Executive Officer via Vigo Consulting
SPARK Advisory Partners Limited (AIM Nominated Adviser) +44 (0)20 3368 3555
Andrew Emmott
Angus Campbell
Tennyson Securities (Broker) +44 (0)20 7186 9030
Peter Krens
Alan Howard
Vigo Consulting (Investor Relations) +44 (0)20 7390 0230
Ben Simons tapglobal@vigoconsulting.com
Peter Jacob
Amelia Thorn
Investor website:
investor.tap.global (https://investor.tap.global/)
About Tap Global Group Plc
Tap Global Group Plc bridges the gap between traditional finance and
blockchain technology. It offers over 390,000 individual and business
customers an innovative and fully integrated fiat payments and cryptocurrency
settlement service including access to several major cryptocurrency exchanges.
Through the Tap app, customers can trade over 50 cryptocurrencies and store
them directly in their customer wallet, while benefiting from proprietary AI
middleware for real-time best-execution and pricing.
Tap Group's European business, Tap Global Limited, was the first
cryptocurrency FinTech company to be approved by Mastercard in Europe.
Through the Tap card, European users can convert their cryptocurrencies to
fiat and spend at more than 37 million merchant locations worldwide.
Tap Group's operating subsidiaries
Tap Global Limited serves the European customer base and is registered in
Gibraltar and licensed and regulated by the Gibraltar Financial Services
Commission under the DLT with licence No. 25532.
Tap's Bulgarian subsidiary has been granted a VASP registration by the
National Revenue Agency of Bulgaria in order to qualify for the EU MiCA
regulations grandfathering provisions.
Tap Americas LLC serves the US customer base and is a limited liability
company organised under the laws of the state of Florida. Cryptocurrency
services are provided by Zero Hash, a Chicago-based B2B2C crypto
infrastructure platform.
Follow us on social media:
LinkedIn: https://www.linkedin.com/company/tapglobal/
(https://www.linkedin.com/company/tapglobal/)
X: https://x.com/TapGlobalPlc (https://x.com/TapGlobalPlc)
Appendix
Steven Borg share options
The Company has granted additional share options to the newly appointed
director Steven Borg (previously Chief Financial Officer in a non-directorate
capacity) over 4,000,000 Ordinary Shares as an incentive to drive long-term
business growth. In line with share options granted to other directors, Mr
Borg's share options are valid for 10 years from the date of grant. The
exercise price is 3p and the options will vest according to the schedule
below:
25% Six months after date of grant
25% On share price reaching a bid-price of 15p
25% On share price reaching a bid-price of 25p
25% On share price reaching a bid-price of 50p
The vesting criteria requires the recipient to remain engaged by the Company
at the time of vesting. Share price targets require the share price to close
at or above each target for at least five days in a 20-day period.
Appendix - 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
associate
a) Name Steven Borg
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tap Global Group Plc
b) LEI 213800BF6GRJEOAQNP31
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 Options Ordinary Shares
Identification code GB00BMVSDN09
b) Nature of the transaction Grant of options over ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
3p 4,000,000
d) Aggregated information Single transaction as in 4 c) above
- Aggregated volume Price(s) Volume(s)
3p 4,000,000
- Price
e) Date of the transaction 27 June 2025
f) Place of the transaction N/A
- Price
e)
Date of the transaction
27 June 2025
f)
Place of the transaction
N/A
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