NFT Investments PLC Exercise of Options (8991A)
30 May 2023 - 4:00PM
UK Regulatory
TIDMNFT
RNS Number : 8991A
NFT Investments PLC
30 May 2023
30 May 2023
NFT Investments PLC
("NFT Investments" or the "Company")
Exercise of Options
NFT Investments PLC (AQSE: NFT), an investment firm specialising
in the market for non-fungible tokens ("NFTs"), announces that
following the exercise of options by executive director Nicolas
Lyth and non-executive director Timothy Le Druillenec, granted on 6
February 2023. 2,000,000 ordinary shares of GBP0.001 each in the
Company ("Ordinary Shares") have been issued to Nicholas Lyth and
500,000 Ordinary Shares have been issued to Timothy Le Druillenec.
The total proceeds receivable by the Company on the exercise of the
options amount to GBP25,000.
Director name Number of shares Exercise price
issued
Nicholas Lyth 2,000,000 GBP0.01
----------------- ---------------
Timothy Le Druillenec 500,000 GBP0.01
----------------- ---------------
Following the Exercise, Nicolas Lyth holds 2,000,000 in the
Company, which represents approximately 0.20% of the enlarged
issued share capital of the Company; Timothy Le Druillenec holds
4,000,000 Ordinary Shares in the Company, which represent
approximately 0.40% of the enlarged issued share capital of the
Company.
The application will be made for the new Ordinary Shares to be
admitted to trading on the Access segment of the AQSE Growth Market
("Admission") and it is expected that Admission will become
effective on 5 June 2023.
In accordance with the provisions of the Disclosure Guidance and
Transparency rules of the Financial Conduct Authority ("FCA"), the
Company confirms that, following this issue, its issued share
capital will comprise 1,007,000,000 Ordinary Shares, each share
carrying the right to one vote. With effect from Admission, this
figure may be used by the Company's 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 share capital of 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). Upon the publication of this announcement via a
Regulatory Information Service, this inside information is now
considered to be in the public domain.
The FCA notification, made in accordance with the requirements
of the UK Market Abuse Regulation, is appended below.
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Timothy Le Druillenec
------------------------------ -------------------------------------
2. Reason for the Notification
---------------------------------------------------------------------
a) Position/status Non-executive director
------------------------------ -------------------------------------
b) Initial notification Initial notification
/ Amendment
------------------------------ -------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name NFT Investments PLC
------------------------------ -------------------------------------
b) LEI 984500E15WF052FFEB19
------------------------------ -------------------------------------
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 Ordinary shares of GBP0.001 each
Financial instrument,
type of instrument
Identification Code GB00BMW34204
------------------------------ -------------------------------------
b) Nature of the transaction Exercise of options
------------------------------ -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.01 per 500,000 Ordinary
Ordinary Share Shares
-----------------
------------------------------ -------------------------------------
d) Aggregated information:
* Aggregated volume Single transaction, see details
in item (c) above
* Price
------------------------------ -------------------------------------
e) Date of the transaction 25 May 2023
------------------------------ -------------------------------------
f) Place of the Transaction AQSE Growth Market
------------------------------ -------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Nicholas Lyth
------------------------------ ---------------------------------------
2. Reason for the Notification
-----------------------------------------------------------------------
a) Position/status Executive director
------------------------------ ---------------------------------------
b) Initial notification Initial notification
/ Amendment
------------------------------ ---------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name NFT Investments PLC
------------------------------ ---------------------------------------
b) LEI 984500E15WF052FFEB19
------------------------------ ---------------------------------------
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 Ordinary shares of GBP0.001 each
Financial instrument,
type of instrument
Identification Code GB00BMW34204
------------------------------ ---------------------------------------
b) Nature of the transaction Exercise of options
------------------------------ ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.01 per 2,000,000 Ordinary
Ordinary Share Shares
-------------------
------------------------------ ---------------------------------------
d) Aggregated information:
* Aggregated volume Single transaction, see details
in item (c) above
* Price
------------------------------ ---------------------------------------
e) Date of the transaction 25 May 2023
------------------------------ ---------------------------------------
f) Place of the Transaction AQSE Growth Market
------------------------------ ---------------------------------------
The directors of NFT Investments accept responsibility for this
announcement.
For further information please contact:
NFT Investments
Jonathan Bixby
Executive Chairman +44 207 887 7633
-----------------
First Sentinel
-----------------
Corporate Adviser
Brian Stockbridge +44 7876 888 011
-----------------
Tennyson Securities
-----------------
Corporate Broker
Peter Krens +44 207 186 9030
-----------------
About NFT Investments:
NFT Investments PLC is an incubator specialising in the market
for non-fungible tokens ("NFTs") and is the first ever NFT vehicle
to list in a major jurisdiction worldwide. The Company invests in a
diversified portfolio of NFTs, cryptocurrency, and/or in companies
or funds which have exposure to NFT or blockchain technology. The
Company's leadership team have an extensive track record in the
cryptocurrency sector and previously founded Argo Blockchain PLC, a
global crypto miner. NFT Investments is headquartered in London, UK
and its shares are listed on the Aquis Stock Exchange Growth Market
under the ticker symbol NFT. https://www.nftinvest.pro/
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END
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