27th Jun 2025 07:00
27 June 2025
Tap Global Group plc
("Tap Group" or the "Company")
Admission to AIM
&
First Day of Dealings
Tap Global Group plc (AIM: TAP), an innovative digital finance hub that brings money payments and cryptocurrency settlement services together in a single user-friendly app, is pleased to announce the admission of its entire issued share capital, being 743,409,624 ordinary shares of 0.1 pence each ("Ordinary Shares"), to trading on the AIM market of London Stock Exchange plc ("Admission").
Admission and dealings in the Ordinary Shares will commence at 8.00 a.m. today under the same TIDM and ISIN of TAP and GB00BMVSDN09, respectively. Cancellation of the Company's Ordinary Shares on the AQSE Growth Market will take place simultaneously.
Information on the Company
Tap Group is a rapidly growing fintech provider, specialising in traditional money account management and cryptocurrency settlement solutions for over 390,000 registered users. Tap Group's mission is to create a fully regulated bridge linking fiat financial systems, traditional assets, and cryptocurrency markets, providing a single solution for over 560 million crypto users globally.
Tap Group operates a fully functional crypto/payments solution for both consumers and corporate customers. Its wholly owned subsidiary Tap Global Limited is a fully integrated crypto-fiat exchange service provider with an associated Neo Payments platform based in Gibraltar and is a regulated DLT Licence Holder in Gibraltar. It was the first cryptocurrency fintech company to be approved by Mastercard in Europe. Through the Tap card, European users can convert their cryptocurrencies to fiat and spend at more than 37 million merchant locations worldwide.
A single registration provides customers with access to several major crypto exchanges through the Tap App allowing them to purchase and trade over 50 types of cryptoassets, without having to operate through multiple exchanges, and store them directly in individual digital wallets. The wallets can also store fiat currency denominated in multiple major currencies. Utilising Tap Group's proprietary Artificial Intelligence middleware, Tap Group provides customers with competitive crypto trading prices through its connections with multiple exchanges, which are scanned to find the best possible trade permutations at the point of a transaction giving the benefit of best execution and pricing in real time. This allows Tap Group to offer competitive pricing for trades and instant crypto or cash settlement.
Tap Group provides individual payments accounts denominated in GBP and/or EUR to all its customers in the UK, EEA and EU through its payments partner, Clear Junction. B2B and B2C customers can operate their Tap Group fiat payments account for ordinary business activities, such as paying suppliers and receiving monies in two fiat currencies (currently EUR and GBP, with more fiat currencies in development).
Confirmation of Appointment of Director
Further to the announcement on 24 June 2025, the Board is pleased to confirm the appointment of Steven Borg, Chief Financial Officer, as an Executive Director of the Company. The Company has granted share options to Mr Borg as set out in the appendix below.
Further information in relation to Admission can be found in the Company's Schedule One announcement published on 13 June 2025 and Admission Document published on 24 June 2025. The Schedule One and copy of the Admission Document, as well as information required pursuant to AIM Rule 26, is available on the Company's website at: https://investor.tap.global/.
Arsen Torosian, Chief Executive Officer, commented:
"While most fintechs list to fund a search for profitability, Tap Group is listing on AIM having already achieved it. That is our difference. We spent years doing the hard work first: building a fully regulated, cash flow positive business that serves nearly 400,000 registered users across the globe. We've proven the model, the technology, and the demand. So today is not about validation; it's about amplification. We offer investors what has become exceptionally rare: the explosive upside of a challenger, built on the profitable foundation of a leader. The opportunity is now, and we are ready to seize it."
A new interview with Arsen Torosian regarding the Company's Admission to AIM has been published this morning and is available to watch at: https://media.focusir.com/ArsenTorosian-TapGlobal-DiscussesAmbitiousGrowthPlansFollowingAdmissionToAIM.
Enquiries:
Tap Global Group Plc Arsen Torosian, Chief Executive Officer |
via Vigo Consulting |
SPARK Advisory Partners Limited (AIM Nominated Adviser) Andrew Emmott Angus Campbell | +44 (0)20 3368 3555 |
Tennyson Securities (Broker) Peter Krens Alan Howard | +44 (0)20 7186 9030 |
Vigo Consulting (Investor Relations) Ben Simons Peter JacobAmelia Thorn | +44 (0)20 7390 0230 |
Investor website:
investor.tap.global
About Tap Global Group Plc
Tap Global Group Plc bridges the gap between traditional finance and blockchain technology. It offers over 390,000 individual and business customers an innovative and fully integrated fiat payments and cryptocurrency settlement service including access to several major cryptocurrency exchanges. Through the Tap app, customers can trade over 50 cryptocurrencies and store them directly in their customer wallet, while benefiting from proprietary AI middleware for real-time best-execution and pricing.
Tap Group's European business, Tap Global Limited, was the first cryptocurrency FinTech company to be approved by Mastercard in Europe. Through the Tap card, European users can convert their cryptocurrencies to fiat and spend at more than 37 million merchant locations worldwide.
Tap Group's operating subsidiaries
Tap Global Limited serves the European customer base and is registered in Gibraltar and licensed and regulated by the Gibraltar Financial Services Commission under the DLT with licence No. 25532.
Tap's Bulgarian subsidiary has been granted a VASP registration by the National Revenue Agency of Bulgaria in order to qualify for the EU MiCA regulations grandfathering provisions.
Tap Americas LLC serves the US customer base and is a limited liability company organised under the laws of the state of Florida. Cryptocurrency services are provided by Zero Hash, a Chicago-based B2B2C crypto infrastructure platform.
Follow us on social media:
LinkedIn: https://www.linkedin.com/company/tapglobal/
X: https://x.com/TapGlobalPlc
Appendix
Steven Borg share options
The Company has granted additional share options to the newly appointed director Steven Borg (previously Chief Financial Officer in a non-directorate capacity) over 4,000,000 Ordinary Shares as an incentive to drive long-term business growth. In line with share options granted to other directors, Mr Borg's share options are valid for 10 years from the date of grant. The exercise price is 3p and the options will vest according to the schedule below:
25% | Six months after date of grant |
25% | On share price reaching a bid-price of 15p |
25% | On share price reaching a bid-price of 25p |
25% | On share price reaching a bid-price of 50p |
The vesting criteria requires the recipient to remain engaged by the Company at the time of vesting. Share price targets require the share price to close at or above each target for at least five days in a 20-day period.
Appendix - 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 associate | |||||||
a)
| Name
| Steven Borg | ||||||
2
| Reason for the notification
| |||||||
a)
| Position/status
| Chief Financial Officer
| ||||||
b)
| Initial notification /Amendment
| Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a)
| Name
| Tap Global Group Plc | ||||||
b)
| LEI
| 213800BF6GRJEOAQNP31 | ||||||
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 financial instrument, type of instrument | Options Ordinary Shares | ||||||
Identification code | GB00BMVSDN09 | |||||||
b)
| Nature of the transaction
| Grant of options over ordinary shares | ||||||
c)
| Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
3p | 4,000,000 | |||||||
d)
| Aggregated information | Single transaction as in 4 c) above | ||||||
- Aggregated volume |
| |||||||
- Price | ||||||||
e)
| Date of the transaction
| 27 June 2025 | ||||||
f)
| Place of the transaction
| N/A |
Related Shares:
Tap Global