REG - World Chess PLC - Issue of Equity

World ChessAnnouncement

Tue 07:00

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RNS Number : 6341W  World Chess PLC  26 August 2025

26 August 2025

 

World Chess Plc

("World Chess" or the "Company")

Issue of Equity

World Chess plc (LSE:CHSS), the international chess organisation and media
platform that has helped redefine how the game is played, broadcast, and
experienced around the world, is pleased to announce that 114,348,670 new
ordinary shares of £0.0001 each (the "Subscription Shares") have now been
issued in respect of the strategic investment announced on 23 July 2025. The
Subscription Shares were issued at a price of US$0.017453 (approximately 1.3p)
per share.

Application is being made for the 114,348,670 Subscription Shares to be
admitted to the Official List and to trading on the Main Market of the London
Stock Exchange which is expected to be on or around 29 August 2025. These
shares rank pari passu with the existing ordinary shares of the Company.
Following the issue of the 114,348,670 Shares, the Company's issued ordinary
share capital shall consist of 879,605,147 ordinary shares.

This figure of 879,605,147 represents the total voting rights in the Company
and should be used by shareholders as the denominator for the calculation by
which they can determine if they are required to notify their interest in, or
a change to their interest in, the Company under the Financial Conduct
Authority's Disclosure Guidance & Transparency Rules.

 

World Chess PLC

Ilya Merenzon, CEO
 
merenzon@worldchess.com

 

Novum Securities Limited

Financial Adviser

David Coffman / Anastassiya Eley
 
+44 (0) 20 7399 9400

 

Notes to Editors

World Chess (LSE: CHSS) is a leading chess gaming and entertainment company
and Fédération Internationale des Échecs ('FIDE') official commercial
partner. World Chess reinvents the sport for the modern consumer by developing
worldchess.com, the exclusive platform to play for the FIDE-recognized rating
online, running Armageddon, the chess league for prime-time television, and a
new kind of chess clubs. The company organized the World Chess Championship
Matches in New York and London and signed some of the biggest chess media
deals in history.  The company's shares are traded on London Stock Exchange:
LSE:CHSS. More at worldchess.com.

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