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Fundraise Total Lifted to £3.579 million

17th Jun 2025 07:01

RNS Number : 0736N
Vinanz Limited
17 June 2025
 

 

17 June 2025

 

Vinanz Limited

("Vinanz" or the "Company")

 

Fundraise Total Lifted to £3.579 million

 

Vinanz Limited (BTC:L) the London Stock Exchange Main Market-listed Bitcoin treasury company with active mining operations across the United States and Canada, is pleased to confirm that in addition to the approximate £3.029 million raised by the Retail Offer ("WRAP") as announced earlier today by way of RNS, the Company has also received firm direct subscriptions for a placing totalling £550,000 (gross) at the same issue price of the issue price of the WRAP at 13.75 pence per share ("Issue Price").

 

Accordingly, the Company will issue a total of 4,000,000 new Ordinary Shares ("Direct Subscription Shares") at the Issue Price for the Direct Subscriptions.

 

Admission and Total Voting Rights

Applications have been made for the Direct Subscription Shares to be admitted to trading on the Main Market of the London Stock Exchange plc ("Admission"). Admission is expected to become effective on or around 24 June 2025.

 

Upon Admission of these Direct Subscription Shares, the Company's issued ordinary share capital will consist of 330,469,646 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 330,469,646. With effect from Admission, this figure may be used by Shareholders in the Company 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 under the FCA's Disclosure Guidance and Transparency Rules.

 

The new Ordinary Shares to be issued for the Direct Subscriptions will be issued free of all liens, charges and encumbrances and will, on Admission, rank pari passu in all respects with the Company's existing Ordinary Shares.

 

END

For further information, please contact:

Vinanz Limited

https://vinanz.co.uk

Hewie Rattray, CEO - [email protected]

David Lenigas, Chairman - [email protected] Edelman - [email protected]

First Sentinel (Corporate Adviser) Brian Stockbridge - [email protected]+44 (0) 20 3855 5551

Clear Capital Markets (Broker) Bob Roberts - [email protected]+44 (0) 20 3869 6080

About Vinanz Limited

Vinanz's primary listing is in London (United Kingdom) on the London Stock Exchange under the ticker "BTC.L" and trades in the USA on the US OTCQB under the ticker "VINZF". Vinanz is building up a strategic Bitcoin holding aided by building out its own Bitcoin mining operations in North America by installing its miners within third-party unrelated computer hosting facilities in an ever-expanding network throughout the USA and Canada. Currently, Vinanz operates Bitcoin miners in Indiana, Iowa, Nebraska and Texas in the USA and in Labrador (Canada).

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

 

 

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Vinanz
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