REG - Vinanz Limited - Issue of Escrowed Equity and Total Voting Rights

Aquis ExchangeAnnouncement

16/05/2024 08:15

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RNS Number : 6228O  Vinanz Limited  16 May 2024

16 May 2024

 

 

Vinanz Limited

 

("Vinanz" or "the Company")

 

 

Issue of Escrowed Equity and Total Voting Rights

 

 

Vinanz Limited (US OTCQB: VINZF and London AQSE: BTC), the London listed
Bitcoin mining company focusing on decentralised deployment of Bitcoin mining
clusters in multiple data facilities throughout the US and Canada, advises
that it has signed a contract with US firm Church & Keeler Inc ("C&K")
whereby they will be providing professional services designed to assist Vinanz
with developing a comprehensive strategy to expand the Company's Bitcoin
footprint and presence in the region.

 

As part of C&K's compensation package, Vinanz will be issuing a total of
two million new shares to C&K ("New Shares") comprising of one million new
Vinanz Limited shares, escrowed for nine months, and a further one million
shares escrowed for twelve months from today's date.

 

Total Voting Rights:

 

Application will be made to the Aquis Stock Exchange for admission of
these New Shares to trading on Aquis ("Admission"). These shares will have
escrowed provisions attached with one million shares escrowed until the 15
February 2025 and one million shares escrowed until 15 May 2025.

Although the New Shares will be escrowed, these New Shares will be issued
fully paid and will rank pari passu in all respects with the Company's
existing Ordinary Shares.

Following Admission, the total number of Ordinary Shares in the capital of the
Company will be 160,267,707 with voting rights. This figure may 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's issued share capital pursuant to the
Company's Articles.

 

About Vinanz Limited

 

Vinanz is listed in London Aquis and is building out a fully-fledged Bitcoin
mining company initially focusing on installing clusters of Bitcoin miners
within multiple facilities throughout the US and Canada through third-party
cryptocurrency mining providers. Whilst the Company will focus initially on
BTC mining, it will also consider the mining of other cryptocurrencies, and
operations in the DeFi and Big Data space in the future. The Company intends
to be able to provide a listed UK platform to offer entry to the technology
and cryptocurrency business.

 

The directors of Vinanz Limited accept responsibility for this announcement.

 

CONTACTS:

 

For further information please contact:

 

Vinanz Limited

David
Lenigas
david@vinanz.co.uk (mailto:david@vinanz.co.uk)

Jeremy
Edelman
jeremy@vinanz.co.uk (mailto:jeremy@vinanz.co.uk)

 

First Sentinel (Corporate Adviser and Broker)

Brian
Stockbridge
brian@first-sentinel.com (mailto:brian@first-sentinel.com)

 
+44 (0) 20 3855 5551

 

Clear Capital Markets (Broker)

Bob
Roberts
bobroberts@clear-cm.co.uk (mailto:bobroberts@clear-cm.co.uk)

 
+44 (0) 20 3869 6080

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