Buy-backs of shares in CoinShares International Limited
03 January 2024 - 7:00PM
Buy-backs of shares in CoinShares International Limited
03 January 2024 | SAINT HELIER, Jersey -
As announced on 07 November 2023, the Board of Directors of
CoinShares International Limited ("CoinShares" or the
"Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF),
Europe's leading alternative asset manager specialising in digital
assets, resolved to extend a share buy-back program and repurchase
shares on Nasdaq Stockholm Market during the period 07 November
2023, up to and including 30 May 2024 for total maximum amount of
SEK 30 million in accordance with the authorisation from the Annual
General Meeting on 31 May 2023.
The Board of Directors’ resolution to implement
the share buy-back program was made after the Board's review of the
Company's capital structure and was implemented for the purposes of
reducing the capital of the Company.
The share buy-back program is carried out in
accordance with the Market Abuse Regulation (EU) No 596/2014
("MAR") and the Commission Delegated Regulation (EU) No 2016/1052
(the "Safe Harbour Regulation").
The Company today announces that share buy-backs
of shares in the Company (ISIN: JE00BLD8Y945) have been effected as
set forth below (aggregated level):
Date |
Number of shares acquired |
Lowest price paid (SEK) |
Highest price paid (SEK) |
Volume weighted average (SEK) |
28 December 2023 |
6,500 |
40.05 |
40.75 |
40.30 |
29 December 2023 |
2,393 |
40.30 |
40.80 |
40.47 |
02 January 2024 |
6,700 |
39.90 |
41.45 |
40.88 |
|
15,593 |
|
|
|
All share buy-backs have been carried out on
Nasdaq Stockholm Market by the Company. Following the above
repurchases, the Company's holding of own shares as of 03 January
2024 amounts to 1,479,752 shares. The total number of shares in
CoinShares amounts to 68,013,771.
For a full break-down of repurchases made,
please refer to the attached announcement.
About CoinShares
CoinShares is the European leading alternative asset manager
specialising in digital assets, that delivers a broad range of
financial services across investment management, trading and
securities to a wide array of clients that includes corporations,
financial institutions and individuals. Founded in 2013, the firm
is headquartered in Jersey, with offices in France, Stockholm, the
UK and the US. CoinShares is regulated in Jersey by the Jersey
Financial Services Commission, in France by the Autorité des
marchés financiers, in the US by the Financial Industry Regulatory
Authority. CoinShares is publicly listed on the Nasdaq Stockholm
under the ticker CS and the OTCQX under the ticker CNSRF.
For more information on CoinShares, please
visit: https://coinshares.com Company | +44 (0)1534 513
100 | enquiries@coinshares.comInvestor Relations | +44 (0)1534
513 100 | enquiries@coinshares.com
This information is information that CoinShares
International Limited is obliged to make public pursuant to the EU
Market Abuse Regulation (596/2014). The information in this press
release has been published through the agency of the contact
persons set out above, at 08:00 GMT on Wednesday, 03 January
2024.
- 20240103 - Appendix to press release - share buy-back
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