Technical update on the acquisition of Napoleon and his
December 17, 2021 | SAINT HELIER, Jersey | CoinShares International Limited (Nasdaq First North Growth Market: CS; US OTCQX: CNSRF) (“CoinShares“), the largest and oldest digital asset investment company in Europe, is pleased to announce that following the announcement of December 1, 2021, the acquisition of the French FinTech company Napoleon Crypto SAS and its subsidiaries (“Napoleon“) completed on Thursday, December 16, 2021.
The transaction was settled via a combination of cash and a partial equity swap, with the issuance of 363,636 new ordinary shares (“Counterpart actions») At a price of SEK 110 (EUR 10.8) per share, ie a premium of 31% over the closing price of Thursday, December 16 on the Nasdaq First North Growth Market.
CoinShares is Europe’s largest and oldest digital asset investment firm, managing billions of dollars in assets on behalf of its customers. The Group is focused on expanding investor access to the digital asset ecosystem by creating new financial products and services that seek to provide confidence and transparency when accessing this new asset class. CoinShares is listed on the Nasdaq First North Growth Market under the ticker CS and the OTCQX under the ticker CNSRF.
For more information on CoinShares, please visit: https://coinshares.com
Company | +44 (0) 1534 513 100 | [email protected]
Investor Relations | +44 (0) 1534 513 100 | [email protected]
Certified Advisor – Mangold Fondkommission AB | +46 (0) 8 503 015 50 | [email protected]
This information is information that CoinShares International Limited is obliged to make public in accordance with the EU Market Abuse Regulation (596/2014). The information in this press release was published through the contact persons indicated above, at 7:00 a.m. GMT on December 17, 2021.
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