TIDMNFT

RNS Number : 9480O

NFT Investments PLC

06 February 2023

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 GBP0.001 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 GBP0.01 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 1/24(th) 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 
 a)   Name                                 1. Toro Consulting Ltd 
                                            2. Marallo Holdings Inc. 
                                            3. Nick Lyth 
                                            4. Jonathan Hives 
                                            5. Tim Le Druillenec 
                                            6. Expon Labs Inc. 
     ------------------------------  ------------------------------------------ 
 2.   Reason for the Notification 
     -------------------------------------------------------------------------- 
 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 
     ------------------------------  ------------------------------------------ 
 b)   Initial notification            Initial notification 
       / Amendment 
     ------------------------------  ------------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                            NFT Investments PLC 
     ------------------------------  ------------------------------------------ 
 b)   LEI                             984500E15WF052FFEB19 
     ------------------------------  ------------------------------------------ 
 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 
     -------------------------------------------------------------------------- 
 a)   Description of the              Ordinary Shares of GBP0.001 each 
       Financial instrument, 
       type of instrument 
      Identification Code             GB00BMW34204 
     ------------------------------  ------------------------------------------ 
 b)   Nature of the transaction       Grant of Options 
     ------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                         1.   GBP0.01    30,000,000 
                                         2.   GBP0.01    15,000,000 
                                         3.   GBP0.01    15,000,000 
                                         4.   GBP0.01     5,000,000 
                                         5.   GBP0.01     5,000,000 
                                         6.   GBP0.01     7,500,000 
     ------------------------------  ------------------------------------------ 
 d)        Aggregated information: 
             *    Aggregated volume     N/A single transaction 
 
 
             *    Price 
     ------------------------------  ------------------------------------------ 
 e)   Date of the transaction         2 February 2023 
     ------------------------------  ------------------------------------------ 
 f)   Place of the Transaction        Outside a trading venue 
     ------------------------------  ------------------------------------------ 
 

The Directors of NFT Investments take responsibility for this announcement.

For further information please contact:

 
 NFT Investments 
 Jonathan Bixby                        via Tancredi +44 207 887 7633 
  Executive Chairman 
                                      ------------------------------ 
 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 
  nftinvestments@tancredigroup.com      +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/

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