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LONDON - Web3 investor and venture builder Coinsilium Group Limited (AQSE:COIN) (OTCQB:CINGF) announced Wednesday it has received option exercise notices for 500,000 ordinary shares at an exercise price of 4.25p, raising £21,250 for the company.
The exercised options were among those announced on November 10, 2023, and were held by a former consultant of the company, according to a press release statement.
Coinsilium has applied for the new ordinary shares to be admitted to trading on the Aquis Stock Exchange Growth Market, with admission expected around June 17, 2025. The new shares will rank equally with existing ordinary shares.
Following the admission, Coinsilium’s issued share capital will comprise 340,792,589 ordinary shares, representing the total voting rights in the company. This figure may be used by shareholders as the denominator for calculations to determine if they need to notify their interest in the company under the Financial Conduct Authority’s Disclosure and Transparency Rules.
The company confirmed it does not hold any ordinary shares in treasury.
Coinsilium, which became the first blockchain company to IPO in 2015, focuses on investing in and accelerating Web3 and AI-powered technology startups while supporting their development and commercialization.
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