World News: 07:00 GMT Wednesday 1st May 2019. [EQS Group via SPi World News]
Coinsilium Group Limited (COIN)
01 May 2019
COINSILIUM GROUP LIMITED
Purchase of Own Shares and Total Voting Rights
Coinsilium Group Limited (NEX: COIN), the blockchain venture builder, advisor and investor that finances and manages the development of early-stage blockchain technology companies, is pleased to announce that in the month of April 2019, the Company completed the purchase of 230,000 of its Ordinary Shares in total, at an average price of 2.556 pence per share. The purchases were made in accordance with the Company's Articles of Association and with the Board's authority.
The Board is satisfied on reasonable grounds that immediately after the acquisition the value of the Company's assets will exceed its liabilities and the Company will be able to pay its debts as they fall due.
The Company advises that, following this purchase, the Company's issued share capital remains unchanged at 132,664,235 ordinary shares of nil par value. The total number of ordinary shares with voting rights is now 126,534,235, and 6,130,000 Ordinary Shares are held in treasury. The figure of 126,534,235 ordinary shares should be used by shareholders 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 and Transparency Rules.
The Directors of Coinsilium Group Limited take responsibility for this announcement.
For further information, please contact:
Malcolm Palle, Executive Chairman +44 (0) 7785 381089
Eddy Travia, CEO +44 (0) 20 3889 4312
Guy Miller / Mark Anwyl +44 (0) 207 469 0930
Notes to Editor
Coinsilium is a venture builder, investor and advisor, supporting early-stage blockchain technology companies and the digital token economy. As the first ever IPO of a blockchain company in 2015, Coinsilium harnesses its experience and wide-ranging network to invest in some of the world's leading blockchain projects such as RSK/RIF Labs and Factom.
Coinsilium shares are traded on NEX Exchange Growth Market, the primary market for unlisted securities operated by NEX Exchange, a Recognised Investment Exchange under the Financial Services and Markets Act 2000.
For further information about Coinsilium, please visit www.coinsilium.com
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