TIDMNFT

RNS Number : 3529Q

NFT Investments PLC

17 February 2023

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Press Release

17 February 2023

NFT Investments PLC

("NFT" 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 1,500,000 ordinary shares of GBP0.001 each in the Company ("Ordinary Shares") have been issued following the exercise of an option by Timothy Le Druillenec, non-executive director, granted on 6 February 2023. The proceeds receivable by the Company on the exercise of the option amount to GBP15,000.

Following the Exercise, Timothy Le Druillenec holds 3,500,000 Ordinary Shares in the Company, which represents approximately 0.35% of the enlarged issued share capital of the Company.

 
 Director name           Number of shares issued   Exercise price 
 Timothy Le Druillenec   1,500,000                 GBP0.01 
                        ------------------------  --------------- 
 

The application has been 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 23 February 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 1,004,500,000 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.

The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation is appended below.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 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       1,500,000 Ordinary 
                                         Ordinary Share    Shares 
                                                         ------------------- 
     ------------------------------  --------------------------------------- 
 d)        Aggregated information: 
             *    Aggregated volume     Single transaction, see details 
                                        in item (c) above 
 
             *    Price 
     ------------------------------  --------------------------------------- 
 e)   Date of the transaction         17 February 2023 
     ------------------------------  --------------------------------------- 
 f)   Place of the Transaction        Outside a trading venue 
     ------------------------------  --------------------------------------- 
 

The Directors of NFT Investments take responsibility for this announcement.

For further information please contact:

 
 NFT Investments 
 Jonathan Bixby                        via Tancredi +44 207 887 7633 
  Executive Chairman 
                                      ------------------------------ 
 First Sentinel 
                                      ------------------------------ 
 Corporate Adviser 
  Brian Stockbridge                    +44 7876 888 011 
                                      ------------------------------ 
 Tennyson Securities 
                                      ------------------------------ 
 Corporate Broker 
  Peter Krens                          +44 207 186 9030 
                                      ------------------------------ 
 Tancredi Intelligent Communication 
  Media Relations 
                                      ------------------------------ 
 Gabriela Amaya Garcia 
  Charlie Hobbs                        +44 7915 035 294 
  nftinvestments@tancredigroup.com      +44 7897 557 112 
                                      ------------------------------ 
 

About NFT Investments:

NFT Investments PLC is an investment firm 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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February 17, 2023 13:12 ET (18:12 GMT)

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