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DJ ISSUE OF SHARES IN LIEU OF FEES FOR SERVICES

Dow Jones received a payment from EQS/DGAP to publish this press release.

 
 
 Coinsilium Group Limited (COIN) 
ISSUE OF SHARES IN LIEU OF FEES FOR SERVICES 
 
12-Jun-2018 / 14:19 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
            12 June 2018 
 
      COINSILIUM GROUP LIMITED 
      ("Coinsilium" or the "Company") 
 
      ISSUE OF SHARES IN LIEU OF FEES FOR SERVICES 
 
      Coinsilium Group Limited (NEX:COIN), the venture builder, investor and 
  advisor to early-stage blockchain technology companies, announces that the 
     Board has resolved to issue 444,444 Ordinary Shares of the Company at a 
 deemed price of 9 pence per share, in lieu of cash for services provided to 
            the Company. 
 
     The Board has also resolved to grant the following Directors a bonus of 
   GBP2,000 payable in Ordinary Shares at a deemed price of 9 pence per share: 
 
         Name      Amount of  Ordinary Shares         Percentage 
                      Shares    post issue of        interest in 
                                 Bonus shares    enlarged issued 
                                                   share capital 
  Eddy Travia         22,222        7,395,590               6.00 
Malcolm Palle         22,222        7,859,234               6.37 
  Craig Brown         22,222           22,222               0.02 
   Tony Sarin         22,222        3,467,027               2.81 
 
   The Board further resolved to issue a bonus of GBP2,000 payable in Ordinary 
        Shares at a deemed price of 9 pence per share to one employee of the 
            Company, also equating to 22,222 Ordinary Shares of the Company. 
 
The issue of shares in lieu of fees and expenses payable enables the Company 
     to keep its cost base to a minimum, preserving cash for its venture and 
            investment activities. 
 
     Following the issue of the total of 555,554 Ordinary Shares referred to 
      above, the Company has 123,298,610 Ordinary Shares in issue. The total 
    number of Ordinary Shares with voting rights is now 117,898,610 Ordinary 
   Shares. This figure 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 number of Ordinary Shares held 
            in treasury is 5,400,000. 
 
The Directors of Coinsilium Group Limited take responsibility for this 
announcement. 
 
For further information, please contact: 
 
Malcolm Palle, Executive Chairman +44 (0) 7785 381089 
Coinsilium Group Limited 
 
Eddy Travia, CEO +44 (0) 20 3889 4312 
Coinsilium Group Limited 
 
www.coinsilium.com [1] 
 
Harry Chathli / Ana Ribeiro / Alexis Gore +44 (0) 207 618 9100 
 
Luther Pendragon Ltd 
 
(Media Relations) 
 
Guy Miller / Mark Anwyl +44 (0) 207 469 0930 
Peterhouse Capital Limited 
(NEX Exchange Corporate Adviser) 
 
Nick Emerson +44 (0) 1483 413 500 
SI Capital Limited 
(Broker) 
 
Notes to Editor 
 
About Coinsilium 
 
        Coinsilium is a venture builder, investor and advisor to early-stage 
  blockchain technology companies. Based in London, Coinsilium's focus is on 
         driving innovation in fintech and blockchain technologies, enabling 
       businesses to take advantage of growth opportunities. Coinsilium also 
   provides advisory services to companies planning token generation events. 
 
     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 
http://www.coinsilium.com 
 
ISIN:          VGG225641015 
Category Code: MSCH 
TIDM:          COIN 
Sequence No.:  5639 
EQS News ID:   694709 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=cb69d1607c8c6ce75a5bfbfb7a28427b&application_id=694709&site_id=vwd_london&application_name=news 
 

(END) Dow Jones Newswires

June 12, 2018 09:21 ET (13:21 GMT)