Regulatory

Buy-backs of shares in CoinShares International Limited

July 8, 2022
ET
-
CET
August 5, 2024
-
16:48
CET
Press release
This is some text inside of a div block.

Friday, 8 July 2022 | SAINT HELIER, Jersey - As announced on 21 June 2022, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq First North Growth Market: CS;US OTCQX: CNSRF), Europe's largest digital asset investment firm, resolved to implement a share buy-back program and repurchase shares on Nasdaq First North Growth Market during the period 22 June 2022, up to and including 22 September 2022 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.

The Board of Director's 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 purposes of reducing the capital of the Company.

The share buyback 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) 29 June 2022 6,400 30.30 32.65 31.92 30 June 2022 6,200 30.00 30.35 30.20 1 July 2022 2,590 30.10 31.05 30.60

All share buy-backs have been carried out on Nasdaq First North Growth Market by the Company. Following the above repurchases, the Company's holding of own shares as of 8 July 2022 amounts to 15,190 shares. The total number of shares in CoinShares amounts to 68,213,821.

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

About CoinShares

CoinShares is Europe's largest and longest standing digital asset investment firm, managing billions of dollars of assets on behalf of its client base. The Group is focused on expanding investor access to the digital asset ecosystem by pioneering new financial products and services that seek to provide trust and transparency when accessing this new asset class. CoinShares is publicly listed on the Nasdaq First North Growth Market 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]
Certified Advisor – Mangold Fondkommission AB | +46 (0)8 503 015 50 | [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 Friday, 8 July 2022.

Attachment


What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Get regular updates about CoinShares
To subscribe to our Investor Relations newsletter, containing regular updates about developments in the business as well as quarterly reporting, please fill in the form below.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.