REG - World Chess PLC - Issue of Equity

World ChessAnnouncement

14/01/2026 07:00

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RNS Number : 7641O  World Chess PLC  14 January 2026

 

World Chess PLC

14 January 2026

World Chess Plc

("World Chess" or the "Company")

Issue of Equity

World Chess plc (LSE: CHSS), a leading chess organisation that develops and
operates worldchess.com, is pleased to announce that is has raised €100,000
by way of a subscription for 8,333,333 new ordinary shares at €0.012 per
share.

The investment has been made by a high-profile Portuguese entrepreneur with
experience in the distribution, logistics, technology, and media sectors.
World Chess plans to further develop in Portugal as the country holds deep
historical significance in chess, having produced Pedro Damiano, whose 1512
treatise was among the first comprehensive books on the game.  This
investment will assist in those plans.

Application will be made to the London Stock Exchange for admission to trading
on the Main Market for listed securities ("Admission"). Admission is expected
to occur on or around 19 January 2026.

Following Admission, the Company's issued share capital will consist of
887,938,480 ordinary shares of 0.01p each, each with one voting right. The
Company does not hold any shares in treasury. Therefore, the total number of
voting rights in the Company will be 887,938,480. This figure may be used by
shareholders as the denominator for 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.

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).

For more information, please visit https://company.worldchess.com/investors or
contact:

World Chess Plc

Ilya Merenzon, CEO

ir@worldchess.com

AlbR Capital Limited

Financial Adviser: David Coffman / Dan Harris

+44 (0) 20 7399 9400

Notes to Editors

World Chess (LSE: CHSS) is a leading chess organisation that develops and
operates worldchess.com, a subscription platform with over one million users
and the official online platform of the International Chess Federation (FIDE).
The Company organized several World Chess Championships, including in New York
and London. It organises the Armageddon Series and produces The World Chess
Show, distributed across more than 50 international markets. More at
worldchess.com.

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