Press releases

22 November 2023 | SAINT HELIER, Jersey - As announced on 07 June 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 June 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 15 November 2023 1,800 40.70 41.25 40.96 16 November 2023 4,989 41.15 42.60 41.68 17 November 2023 5,000 40.55 41.95 41.30 20 November 2023 2,431 41.60 42.10 41.81 21 November 2023 2,300 41.50 43.15 42.20 16,520

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 22 November 2023 amounts to 1,371,413 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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, 22 November 2023.

Attachment

• 20231122 - Appendix to press release - share buy-back

• This option to acquire is the latest step in CoinShares’ U.S. expansion, following the launch of Hedge Fund Solutions in September 2023 .
  
• CoinShares has also entered into a brand licensing agreement for Valkyrie’s products notably its pending Bitcoin spot ETF.
• Valkyrie will continue to operate as an independent entity until CoinShares decides to exercise its option which remains open until the end of Q1 2024.
  
  

16th November 2023 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares'' or “the Company”) (Nasdaq Stockholm: CS;US OTCQX: CNSRF), the leading European investment company specialising in digital assets, today announced it has secured an exclusive option to acquire Valkyrie Funds LLC (“Valkyrie Funds”), the U.S. digital asset manager’s investment advisory business specialising in actively managed cryptocurrency exchange traded funds, from Valkyrie Investments Inc. (“Valkyrie Investments”).

CoinShares’ option to acquire Valkyrie Funds from Valkyrie Investments, is active from now until its expiry on 31 March 2024.

CEO of CoinShares, Jean-Marie Mognetti, commented on today’s news: “The global ETF market is fragmented. The establishment of crypto spot ETPs in Europe since 2015, a development about to be mirrored in the U.S., is the perfect illustration. This disparity in market evolution presents both challenges and significant opportunities. The option to acquire Valkyrie is accelerating our expansion into the U.S. market and the deployment of our digital asset management expertise globally.

Valkyrie Fund’s deep understanding of the U.S. market and track record of developing investment products for crypto exposure aligns perfectly with our vision and operational ethos. CoinShares is looking forward to exploring this acquisition option and bringing, with the know-how of Valkyrie’s founders, premier digital asset products to American investors."

For the last 10 years, CoinShares has established itself as the leading player within the European crypto exchange traded product market, where it currently commands the largest market share and oversees more than $3.2B in AUM, at the date of this communication. The strategic acquisition option is the next step in CoinShares’ expansion into the U.S. market, following the launch of CoinShares Hedge Fund Solutions in September of 2023.

As part of the acquisition option deal, the two companies have finalised a brand licensing agreement. Throughout the option period, Valkyrie Investments is granted a limited, revocable global licence to use the "CoinShares" name for its S-1 filings with the SEC. Should the SEC approve the Valkyrie Bitcoin Fund, Valkyrie Investments plans to incorporate the CoinShares name, signifying CoinShares' first venture into offering a mainstream crypto passive product in the U.S. market.

“At the heart of our mission is to expand high-quality digital asset investment opportunities, joining CoinShares through this move underscores this shared ambition and vision”, stated Leah Wald, CEO of Valkyrie. “CoinShares is a recognised, global leader and first-mover in the digital asset investment landscape with exceptional market expertise and an innovative spirit. Together, with Valkyrie’s established U.S. presence and existing offerings, alongside CoinShares global reach and infrastructure, we’re poised to deliver groundbreaking products aimed at solving investors’ needs.”

The option grants CoinShares the exclusive right to purchase 100% of Valkyrie Funds from Valkyrie Investments, as well as all of Valkyrie Investments’ associated rights with the Valkyrie Bitcoin Fund and any other unlaunched ETFs currently held by Valkyrie Investments. CoinShares' exercise of the acquisition option is contingent on regulatory approvals and consents, satisfactory due diligence and the completion of requisite legal agreements. Valkyrie Funds will continue to operate as an independent entity until any potential acquisition by CoinShares is finalised and the transaction is executed.

ABOUT COINSHARES
CoinShares is the European leading investment company 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. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, 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.

ABOUT VALKYRIE
Valkyrie is a specialised alternative financial services firm at the intersection of traditional finance and the emerging cryptocurrency sector whose affiliates aim to offer asset management, research and other services. Headquartered in Nashville, Valkyrie aims to provide exposure to the emerging digital asset class through traditional financial vehicles. Valkyrie is led by seasoned asset managers who have previously launched multiple ETFs, publicly traded funds and Exchange Traded Products, including digital asset funds with backgrounds across Guggenheim Partners, MUFG Investor Services (US), Chicago Board of Trade, Chicago Mercantile Exchange, and the World Bank.

For more information on CoinShares, please visit: https://coinshares.com
Company | +44 (0)1534 513 100 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

PRESS CONTACT

CoinShares
Benoît Pellevoizin
[email protected]
+33 6 72 44 07 17

M Group Strategic Communications
Peter Padovano
[email protected]

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 4PM CET on Thursday 16th November 2023.

15 November 2023 | SAINT HELIER, Jersey - As announced on 07 June 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 June 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK)08 November 20234,142 38.95 40.30 39.68 09 November 20233,940 40.15 40.90 40.61 10 November 2023600 41.25 41.60 41.49 13 November 20234,440 39.95 42.25 41.08 14 November 20235,091 40.05 41.75 41.01 18,213

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 15 November 2023 amounts to 1,354,893 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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, 15 November 2023.

Attachment

• 20231115 - Appendix to press release - share buy-back

07 November 2023 | SAINT HELIER, Jersey - As announced on 04 April 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 06 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK)02 November 20234,745 38.60 40.10 39.31 03 November 2023900 38.50 39.60 39.06 06 November 20234,702 39.00 40.50 39.96 10,347

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 07 November 2023 amounts to 1,336,680 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 Tuesday, 07 November 2023.

Attachment

• 20231107 - Appendix to press release - share buy-back

07 November 2023 | SAINT HELIER, Jersey - The Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm: CS;US OTCQX: CNSRF), Europe's largest digital asset investment firm, has resolved to extend the repurchase of its shares on Nasdaq Stockholm during the period 07 November 2023, up to and including 30 May 2024 for a total maximum amount of SEK 30 million in accordance with the authorisation granted at its Annual General Meeting on 31 May 2023.

The Board of Director's resolution to implement the share buyback program was made after its review of the Company's capital structure and is implemented for the purpose of reducing the capital of the Company.

The share buyback program will be 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 share buyback program resolved by the Board of Directors is subject to the following terms:

1. Acquisitions may only be effected on Nasdaq Stockholm in accordance with MAR and the Safe Harbour Regulation.
   
   
2. Acquisitions shall be conducted and structured in accordance with the Nasdaq Stockholm Rulebook for Issuers.
   
   
3. Acquisitions shall commence no earlier than 07 November 2023 and shall end no later than 30 May 2024.
   
   
4. Acquisitions may only be effected at a price per share within the prevailing band of prices applying on Nasdaq Stockholm from time to time and in accordance with the restrictions relating to price in the Safe Harbour Regulation and set out in the resolution passed at the Annual General Meeting on 31 May 2023. The range of prices pertains to the range between the highest purchase price and the lowest selling price disseminated by Nasdaq Stockholm from time to time.
   
   
5. Acquisitions may only be effected in accordance with the restrictions regarding volume for acquisitions of own shares stated in the Safe Harbour Regulation.
   
   
6. Shares may be repurchased for a total maximum amount of SEK 30 million. The Company's holding of own shares may not at any time exceed 10 per cent of the outstanding shares in the Company.
   
   
7. Payment for the shares shall be made in cash.

The total number of shares in CoinShares is at the date of this press release 68,013,771. At the time of this press release the Company holds 1,336,680 own shares.

About CoinShares

CoinShares is Europe’s largest and leading digital asset investment and trading group, managing billions of assets on behalf of a global client base. Our mission is to expand investing into digital assets with our trusted, regulated, best-in-class product suite that provides investors with trust and transparency when accessing cryptocurrencies. We believe that Bitcoin and blockchain networks are landmark innovations that will fundamentally reshape the global financial system and the way we interact digitally, and investors should be able to participate in this transformation. CoinShares is publicly listed on Nasdaq Stockholm under ticker CS and the OTCQX under the ticker CNSRF. CoinShares has multiple touchpoints with financial regulatory bodies around the world, including the AMF, JFSC and FINRA.

For more information on CoinShares, please visit: https://coinshares.com
Company | +44 (0)1534 513 100 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 Tuesday 07 November 2023.

7^th November 2023 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares'' or “the Company”) (Nasdaq Stockholm: CS;US OTCQX: CNSRF), the leading European alternative asset manager specialising in digital assets, has today published its results for the quarter ending 30^th September 2023.

Jean-Marie Mognetti, Chief Executive Officer of CoinShares said:

“Recent developments in the digital asset sector confirm our original conviction that crypto will be integrated into institutional frameworks and that regulatory oversight is critical to this. The convergence of TradFi and digital asset systems has accelerated leading to an increased price action and the appearance of decoupling signals between Bitcoin and leading equity indices.

We continued to execute on our strategy and delivered combined revenue, gains and income of £16.7 million in Q3. Profitability has been a core focus for CoinShares and we achieved Adjusted EBITDA of £9.9 million in the quarter, with an Adjusted Ebitda margin of 59%.”

Q3 2023 financial highlights

• Q3 revenue and gains and other income of £16.7 million (Q3 2022: £14.7 million - excluding exceptional loss relating to TerraUSD)
• Q3 adjusted EBITDA of £9.9 million (Q3 2022: £6.4 million)
• Total comprehensive income for Q3 2023 of £14.4 million (Q3 2022: £20.0 million)
  
  

Q3 2023 operational highlights

• In Q3, Europe's crypto exchange traded products (ETPs) experienced outflows due to stagnant market sentiment and the end of certain arbitrage opportunities for institutional players. CoinShares Physical had its lowest quarter for flows since inception, with net inflows of $6.7 million, of which its Bitcoin product saw $3.8 million of net outflows. In contrast, its altcoin products gained $10.5 million in inflows. After launching a Direct-to-Consumer campaign in Sweden for the XBT Provider platform, there was a significant increase in website sessions and purchasing intent, although the exact ROI remains hard to quantify. CoinShares remains a leading player in the European crypto ETP market, with 50% of market share. Despite challenges, our asset management business generated £10.5 million in Q3 revenues.
  
• In the Capital Markets segment, we saw a continued focus on building a strong infrastructure for CoinShares’ staking and lending operations. With crypto exchanges moving away from holding client funds, we’ve supported this transition, initiating steps in 2023 to reduce counterparty risk. CoinShares' main emphasis in its daily trading activities was on CME futures trading strategies, showing resilience despite challenges from low volatility and reduced spot volumes. Our Capital Markets business reported revenues of £9.3 million in Q3.
  
• In September, we officially launched our Hedge Fund Solutions initiative, starting discussions with external LPs across Asia, Europe, and notably, the U.S. With this new business, we can now tap into the world's largest asset management market. This move enhances our holistic approach which allows clients to tailor their portfolio based on their risk preferences. By the end of Q3, our initial strategies were operational and our team is preparing for external contributions. We are excited and optimistic about the strategies and plan to introduce more in the future.
  
  

ENDS

For the full CoinShares Q3 2023 report, click this link.

ABOUT COINSHARES

CoinShares is the leading European 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. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 below, at 7:00 am CET on 7^th November 2023.

PRESS CONTACT

CoinShares
Benoît Pellevoizin
[email protected]

H/Advisors Maitland
Freddie Barber
[email protected]
+44 (0) 207 379 5151

Attachment

• COINSHARES_2023_Q3_FINAL

02 November 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK)26 October 20234,362 38.75 40.60 40.09 27 October 20232,877 40.00 41.00 40.53 30 October 20235,955 40.00 41.00 40.37 31 October 20235,675 39.70 40.35 40.11 01 November 20236,755 39.15 41.30 40.18 25,624

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 02 November 2023 amounts to 1,326,333 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 Thursday, 02 November 2023.

Attachment

• 20231102 - Appendix to press release - share buy-back

26 October 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK)19 October 20237,568 39.20 41.00 40.20 20 October 20235,930 39.30 41.30 40.13 23 October 20234,085 40.10 41.85 41.05 24 October 20231,775 41.20 42.35 42.03 25 October 20235,775 39.20 41.45 40.06 25,133

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 26 October 2023 amounts to 1,300,709 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 26 October 2023.

Attachment

• 20231026 - Appendix to press release - share buy-back

19 October 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK)12 October 20238,000 38.95 40.70 39.85 13 October 20237,803 39.85 40.45 40.15 16 October 20237,600 39.80 41.60 40.71 17 October 20238,100 40.10 41.20 40.51 18 October 20237,300 39.50 40.60 39.98 38,803

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 19 October 2023 amounts to 1,275,576 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 19 October 2023.

Attachment

• 20231019 - Appendix to press release - share buy-back

Buy-backs of shares in CoinShares International Limited

12 October 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK)05 October 202310,950 42.25 44.55 43.85 06 October 20237,130 42.10 42.95 42.55 09 October 20234,700 42.45 42.90 42.69 10 October 20237,950 42.05 42.95 42.44 11 October 20238,650 38.60 40.60 39.38 39,380

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 12 October 2023 amounts to 1,236,773 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 12 October 2023.

Attachment

• 20231012 - Appendix to press release - share buy-back

05 October 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK)28 September 20235,996 42.70 43.60 43.11 29 September 20237,708 43.00 44.00 43.78 02 October 20239,082 43.20 44.90 43.87 03 October 202311,650 42.25 43.95 43.04 04 October 20236,300 42.25 43.00 42.72 40,736

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 05 October 2023 amounts to 1,197,393 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 05 October 2023.

Attachment

• 20231005 - Appendix to press release - share buy-back

28 September 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 21 September 2023 5,627 42.40 43.90 43.21 22 September 2023 10,300 43.20 43.95 43.62 25 September 2023 13,800 42.00 44.00 42.81 26 September 2023 12,800 41.00 42.35 41.59 27 September 2023 4,958 41.00 42.65 41.67 47,485

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 28 September 2023 amounts to 1,156,657 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 28 September 2023.

Attachment

• 20230928 - Appendix to press release - share buy-back

The new division increases the Company’s product offerings while blending legacy expertise with progressive transformation

22 September 2023 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares'' or “the Company”) (Nasdaq Stockholm: CS;US OTCQX: CNSRF), the leading European alternative asset manager specialising in digital assets, today announced the launch of its hedge fund division, CoinShares Hedge Fund Solutions.

For the first time, CoinShares will be making its offerings accessible to qualified U.S. investors through a range of private investment products, marking CoinShares' expansion beyond its established European base. CoinShares is committed to becoming the premier destination for institutions in the digital assets realm. By offering a diverse range of products, across the spectrum of beta and alpha strategies with hybrids in between, CoinShares aims to cater to the unique needs of each institution, facilitating the creation of a well-rounded and optimised crypto portfolio. The Company’s vision is to deliver a seamless, holistic experience, ensuring that its institutional clients have all the tools and insights they need to navigate the dynamic world of digital asset investments. CoinShares Capital LLC, a wholly-owned subsidiary of CoinShares and a broker-dealer registered with the Financial Industry Regulatory Authority (FINRA), will be conducting marketing activities to qualified investors in the United States in support of CoinShares Hedge Fund Solutions’ strategies and products.

This initiative marks CoinShares' return to its roots. Originally beginning as the commodity hedge fund Global Advisors, it later founded the pioneering and regulated Global Advisors Bitcoin Investment Fund (GABI) in 2014, which operated until 2017. This also signals a progressive transformation for the Company that leverages the expertise acquired from its engagement in crypto markets, via its proprietary trading arm, since 2016. Equipped with these distinctive qualities, CoinShares is perfectly positioned to deliver premium products that meet the due diligence requirements of institutional investors and are on par with the offerings of established financial institutions.

To ensure the seamless deployment of the new division, CoinShares has appointed Lewis Fellas as Head of CoinShares Hedge Fund Solutions. Lewis is a seasoned asset manager with 23 years of industry experience (seven in digital assets) and brings with him a unique set of skills that will help to ensure the new division’s success. The new division will utilise CoinShares’ battle-tested expertise trading and quantitative teams.
CoinShares' CEO, Jean-Marie Mognetti, commented on the strategic expansion:

"In a changing macro environment prominently marked by interest rates and inflation, the demand for actively managed exposure to digital assets is a natural progression. Backed by a decade-long legacy in the digital asset industry and a team with more than two decades in hedge funds, the new division signifies the latest step in CoinShares’ evolution. Our products focus on delivering a premium experience to our investors and we are delighted to enrich our long-only asset management offerings by returning to our core founding program.”

CoinShares Head of Hedge Fund Solutions, Lewis Fellas, concluded: “CoinShares inspired my move into crypto asset management in 2016, so being able to lead the new division within the firm and further pioneer the space is an honour. The design of our strategies reflects the team’s deep and practical knowledge of digital assets and showcases the firm’s ability to develop new products that meet the demands of institutional investors. The long-awaited return of interest rate-driven volatility is a great opportunity that we plan to capture with our novel fund products. Each product that will be offered is designed to mitigate counterparty risk whilst providing investors with clearly defined asset class and strategy exposures.”

To learn more about CoinShares Hedge Fund Solutions, visit: https://coinshares.com/hedge-fund-solutions

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. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

PRESS CONTACT
CoinShares
Benoît Pellevoizin
[email protected]

M Group
Peter Padovano
[email protected]

21 September 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 14 September 2023 8,530 44.30 45.40 45.07 15 September 2023 7,700 44.10 45.20 44.75 18 September 2023 3,716 43.20 44.10 43.65 19 September 2023 11,105 43.10 44.15 43.49 20 September 2023 8,646 43.00 43.60 43.25 39,697

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 21 September 2023 amounts to 1,109,172 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 21 September 2023.

Attachment

• 20230921 - Appendix to press release - share buy-back

14 September 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 07 September 2023 8,500 47.50 49.15 48.50 08 September 2023 7,850 45.20 48.15 47.01 11 September 2023 9,300 44.00 46.00 45.00 12 September 2023 10,189 43.10 44.50 43.89 13 September 2023 9,010 42.80 44.20 43.44 44,849

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 14 September 2023 amounts to 1,069,475 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 14 September 2023.

Attachment

• 20230914 - Appendix to press release - share buy-back

13 September 2023 | SAINT HELIER, Jersey – In accordance with the principles for appointment of the Nomination Committee of CoinShares International Limited (“the Company”) adopted by the Annual General Meeting on 20 June 2022, the Nomination Committee shall consist of four members appointed by the three largest shareholders. The fourth member shall be a representative of the Board of Directors.

Based on the above, the Nomination Committee ahead of the Annual General Meeting has been determined to consist of the following persons, who together represent approximately 51.32 per cent of the number of shares and votes in the Company as per 31 August 2023:

• Michael Carlton, appointed by Daniel Masters, Chair of the Nomination Committee
• Gunther Thumann, appointed by Mognetti Partners Limited
• Paul Davidson, appointed by Russell Newton
• Johan Lundberg, representative of the Board of Directors of CoinShares International Limited

The Nomination Committee’s recommendations will be presented in the Notice of the 2024 Annual General Meeting as well as on the Company’s website: https://coinshares.com. CoinShares International Limited’s Annual General Meeting will be held virtually on 31 May 2024.

Shareholders who wish to submit proposals to the Nomination Committee may do so to the Chair of the Board by sending an email to [email protected]. In order for the Nomination Committee to be able to consider a proposal, it must submit well in advance of the Annual General Meeting, but by 12 April 2024 at the latest.

For further information, please contact:

Jeri-Lea Brown, Company Secretary
+44 (0) 1534 513168
[email protected]

About CoinShares

CoinShares is Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

07 September 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 31 August 2023 7,599 52.10 52.80 52.47 01 September 2023 4,412 51.00 52.30 51.33 04 September 2023 6,647 48.90 50.00 49.60 05 September 2023 7,100 47.20 49.25 48.35 06 September 2023 6,480 48.50 49.40 48.95 32,238

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 07 September 2023 amounts to 1,024,626 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 07 September 2023.

Attachment

• 20230907 - Appendix to press release - share buy-back

31 August 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK)24 August 20236,800 51.30 51.60 51.41 25 August 20235,942 50.40 51.10 50.80 28 August 20236,202 51.40 51.90 51.77 29 August 20236,250 50.60 51.80 51.28 30 August 20237,250 50.70 52.90 52.32 32,444

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 31 August 2023 amounts to 992,388 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 Europe’s 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. 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 | [email protected]
• Investor Relations | +44 (0)1534 513 100 | [email protected]
• 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 BST on Thursday, 31 August 2023.

Attachment

• 20230831 - Appendix to press release - share buy-back

24 August 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 17 August 2023 5,550 50.30 51.10 50.69 18 August 2023 6,866 49.40 51.00 50.18 21 August 2023 1,183 50.00 50.40 50.16 22 August 2023 7,509 50.30 51.30 50.76 23 August 2023 6,604 50.40 51.90 51.32 27,712

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 24 August 2023 amounts to 959,944 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 24 August 2023.

Attachment

• 20230824 - Appendix to press release - share buy-back

17 August 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 10 August 2023 6,050 49.55 51.60 50.63 11 August 2023 5,463 50.60 51.30 51.09 14 August 2023 5,020 48.95 51.90 51.30 15 August 2023 6,235 49.90 51.30 50.81 16 August 2023 2,045 49.80 50.60 50.36 24,813

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 17 August 2023 amounts to 932,232 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 17 August 2023.

Attachment

• 20230817 - Appendix to press release - share buy-back

10 August 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 03 August 2023 4,850 51.50 53.20 52.07 04 August 2023 5,400 50.40 52.70 51.69 07 August 2023 3,154 51.00 52.40 51.78 08 August 2023 3,877 51.50 52.60 52.22 09 August 2023 2,455 51.60 52.60 52.45 19,736

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 10 August 2023 amounts to 907,419 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 Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 10 August 2023.

Attachment

• 20230810 - Appendix to press release - share buy-back

03 August 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 27 July 2023 128 51.00 52.00 51.85 28 July 2023 4,552 53.60 54.80 54.24 31 July 2023 4,772 47.25 50.20 48.95 01 August 2023 5,015 45.15 48.95 47.31 02 August 2023 3,601 49.15 51.70 50.50 18,068

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 August 2023 amounts to 1,009,337 shares. The total number of shares in CoinShares amounts to 68,135,425.

For a full break-down of repurchases made, please refer to the attached announcement.

About CoinShares

CoinShares is Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 03 August 2023.

Attachment

• 20230803 - Appendix to press release - share buy-back

1^st August 2023 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares'' or “the Company”) (Nasdaq Stockholm: CS;US OTCQX: CNSRF), the leading European alternative asset manager specialising in digital assets, has today published its results for the quarter ending 30^th June 2023.

Jean-Marie Mognetti, Chief Executive Officer of CoinShares said:

“Recent events in the digital asset industry serve as validation of CoinShares' initial thesis about the impending institutionalisation of the crypto landscape and the importance of regulation. The convergence between traditional and digital finance is well underway. The Group’s Q2 performance evidences our ability to take advantage of this convergence. Topline performance showed 33.0% quarter on quarter growth, whilst an Adjusted EBITDA for the period of £12.8 million marks our best quarter in over a year.”

Q2 2023 financial highlights

• Q2 revenue and gains and other income of £20.3 million (Q2 2022: £15.3 million - excluding exceptional loss relating to TerraUSD)
• Q2 adjusted EBITDA of £12.8 million (Q2 2022: £9.0 million - excluding exceptional loss relating to TerraUSD)
• Total comprehensive income for Q2 2023 of £5.3 million (Q2 2022: loss of £0.6 million)
  
  

Q2 2023 operational highlights

• CoinShares, as Europe's leading alternative asset manager for digital assets, announced the enhancement of its portfolio of offerings in Q1 2023 with the establishment of an active Asset Management business line. Progress on this new business entity is well underway;the active asset management team has already laid the groundwork for the first strategy, which is currently being run to accumulate data and establish a robust track record prior to a formal launch towards the end of the year.
  
  
• In a productive quarter, CoinShares' Passive Asset Management division yielded £10.6 million in management fees. They deepened their distribution and marketing initiatives through targeted events in Germany and Switzerland, aimed at educating investors on cryptocurrencies and ETPs. Alongside, an extensive Digital Assets roadshow across Italy was launched, fostering connections with institutional investors and brokerage platforms. CoinShares' Marketing team furthered these efforts by introducing an ETP-dedicated website and a campaign to promote products issued by XBT Provider AB.
  

• CoinShares' Capital Markets division reported gains and other income in Q2 of £10.0 million. It witnessed a successful quarter, anchored by its profitable CME futures trading strategies. Despite the low volatility in BTC and ETH prices, its proprietary trading strategies have effectively offset a decline in liquidity provisioning income, maximising stability and returns. Moreover, its lending book and treasury management operations, bolstered by a resilient dollar yield, continued to generate interest at favourable rates.
  
  

END

For the full CoinShares Q2 2023 report, click this link.

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. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 8:00 am GMT+1 on 1^st August 2023.

PRESS CONTACT

CoinShares
Benoît Pellevoizin
[email protected]

H/Advisors Maitland
Freddie Barber
[email protected]
+44 (0) 207 379 5151

Attachment

• CoinShares - Earnings Report - Q2 23

27 July 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 20 July 2023 1,992 49.50 50.00 49.72 21 July 2023 3,006 49.85 50.40 50.13 24 July 2023 1,122 50.10 51.40 50.47 6,120

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 27 July 2023 amounts to 991,269 shares. The total number of shares in CoinShares amounts to 68,135,425.

For a full break-down of repurchases made, please refer to the attached announcement.

About CoinShares

CoinShares is Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 27 July 2023.

Attachment

• 20230727 - Appendix to press release - share buy-back

20 July 2023 | SAINT HELIER, Jersey - As announced on 01 June 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 implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 01 June 2023, up to and including 6 November 2023 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):

DateNumber of shares acquiredLowest price paid (SEK)Highest price paid (SEK)Volume weighted average (SEK) 18 July 2023 1,955 47.25 47.80 47.54 19 July 2023 201 48.35 48.50 48.49 2,156

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 20 July 2023 amounts to 985,149 shares. The total number of shares in CoinShares amounts to 68,135,425.

For a full break-down of repurchases made, please refer to the attached announcement.

About CoinShares

CoinShares is Europe’s 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. 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 | [email protected]
Investor Relations | +44 (0)1534 513 100 | [email protected]

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 BST on Thursday, 20 July 2023.

Attachment

• 20230720 - Appendix to press release - share buy-back