The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Press release
6 February 2023
NFT Investments PLC
("NFT Investments" or "the Company")
Grant of Options
NFT Investment PLC (AQSE: NFT), an investment firm specialising in the market for non-fungible tokens ("NFTs"), announces that on 3 February 2023 it granted in aggregate 85,000,000 options and warrants over ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") to directors (or their respective service company), a senior manager and an adviser. The grants made to directors and senior management or their service companies were as follows:
| Jonathan Bixby |
30,000,000 |
| Mike Edwards |
15,000,000 |
| Nick Lyth |
15,000,000 |
| Jonathan Hives |
5,000,000 |
| Tim Le Druillenec |
5,000,000 |
| Ali Saheli |
7,500,000 |
The options and warrants have an exercise price of £0.01 per Ordinary Share, being the mid-market closing price on the date of grant. One third vest immediately, with the remainder vesting over a two year period at a rate of 1/24th per month.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1. |
Details of the person discharging managerial responsibilities / person closely associated |
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| a) |
Name |
1. Toro Consulting Ltd 2. Marallo Holdings Inc. 3. Nick Lyth 4. Jonathan Hives 5. Tim Le Druillenec 6. Expon Labs Inc. |
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| 2. |
Reason for the Notification |
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| a) |
Position/status |
1. Person closely associated with Jonathan Bixby 2. Person closely associated with Mike Edwards 3. Nick Lyth, director 4. Jonathan Hives, non-executive director 5. Tim Le Druillenec, non-executive director 6. Person closely associated with Ali Saheli, senior manager |
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| b) |
Initial notification / Amendment |
Initial notification |
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| 3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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| a) |
Name |
NFT Investments PLC |
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| b) |
LEI |
984500E15WF052FFEB19 |
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| 4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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| a) |
Description of the Financial instrument, type of instrument |
Ordinary Shares of £0.001 each |
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| |
Identification Code |
GB00BMW34204 |
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| b) |
Nature of the transaction |
Grant of Options |
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| c) |
Price(s) and volume(s) |
|
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| d) |
Aggregated information: · Aggregated volume ·· Price |
N/A single transaction |
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| e) |
Date of the transaction |
2 February 2023 |
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| f) |
Place of the Transaction |
Outside a trading venue |
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The Directors of NFT Investments take responsibility for this announcement.
For further information please contact:
| NFT Investments |
|
| Jonathan Bixby Executive Chairman |
via Tancredi +44 207 887 7633 |
| First Sentinel |
|
| Corporate Adviser Brian Stockbridge
|
+44 7876 888 011 |
| Tennyson Securities |
|
| Corporate Broker Peter Krens |
+44 207 186 9030 |
| Tancredi Intelligent Communication Media Relations |
|
| Gabriela Amaya Garcia Charlie Hobbs |
+44 7915 035 294 +44 7897 557 112 |
About NFT Investments:
NFT Investments PLC is an incubator specialising in the market for non-fungible tokens ("NFTs") and is the first ever NFT vehicle to list in a major jurisdiction worldwide. The Company invests in a diversified portfolio of NFTs, cryptocurrency, and/or in companies or funds which have exposure to NFT or blockchain technology. The Company's leadership team have an extensive track record in the cryptocurrency sector and previously founded Argo Blockchain PLC, a global crypto miner. NFT Investments is headquartered in London, UK and its shares are listed on the Aquis Stock Exchange Growth Market under the ticker symbol NFT. https://www.nftinvest.pro/