REG - Vinanz Limited - Fundraise Total Lifted to £3.579 million

VinanzAnnouncement

Today 07:02

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250617:nRSQ0736Na&default-theme=true

RNS Number : 0736N  Vinanz Limited  17 June 2025

 

17 June 2025

 

Vinanz Limited

("Vinanz" or the "Company")

 

Fundraise Total Lifted to £3.579 million

 

Vinanz Limited (BTC:L) the London Stock Exchange Main Market-listed Bitcoin
treasury company with active mining operations across the United States and
Canada, is pleased to confirm that in addition to the approximate £3.029
million raised by the Retail Offer ("WRAP") as announced earlier today by way
of RNS, the Company has also received firm direct subscriptions for a placing
totalling £550,000 (gross) at the same issue price of the issue price of the
WRAP at 13.75 pence per share ("Issue Price").

 

Accordingly, the Company will issue a total of 4,000,000 new Ordinary Shares
("Direct Subscription Shares") at the Issue Price for the Direct
Subscriptions.

 

Admission and Total Voting Rights

Applications have been made for the Direct Subscription Shares to be admitted
to trading on the Main Market of the London Stock Exchange plc ("Admission").
Admission is expected to become effective on or around 24 June 2025.

 

Upon Admission of these Direct Subscription Shares, the Company's issued
ordinary share capital will consist of 330,469,646 Ordinary Shares with one
voting right each. The Company does not hold any Ordinary Shares in treasury.
Therefore, from Admission the total number of Ordinary Shares and voting
rights in the Company will be 330,469,646. With effect from Admission, this
figure may be used by Shareholders in the Company 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 Guidance and Transparency Rules.

 

The new Ordinary Shares to be issued for the Direct Subscriptions will be
issued free of all liens, charges and encumbrances and will, on Admission,
rank pari passu in all respects with the Company's existing Ordinary Shares.

 

END

For further information, please contact:

Vinanz Limited

https://vinanz.co.uk

Hewie Rattray, CEO - hewie@vinanz.co.uk

David Lenigas, Chairman - david@vinanz.co.uk

Jeremy Edelman - jeremy@vinanz.co.uk

First Sentinel (Corporate Adviser)
Brian Stockbridge - brian@first-sentinel.com

+44 (0) 20 3855 5551

Clear Capital Markets (Broker)
Bob Roberts - bobroberts@clear-cm.co.uk

+44 (0) 20 3869 6080

About Vinanz Limited

Vinanz's primary listing is in London (United Kingdom) on the London Stock
Exchange under the ticker "BTC.L" and trades in the USA on the US OTCQB under
the ticker "VINZF". Vinanz is building up a strategic Bitcoin holding aided by
building out its own Bitcoin mining operations in North America by installing
its miners within third-party unrelated computer hosting facilities in an
ever-expanding network throughout the USA and Canada. Currently, Vinanz
operates Bitcoin miners in Indiana, Iowa, Nebraska and Texas in the USA and in
Labrador (Canada).

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).

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEFLFEDRTIRLIE