Treasury shares held
30th Apr 2025 10:39
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). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
30 April 2025
Phoenix Digital Assets PLC
("Phoenix" or the "Company")
Treasury shares held
Notification of acquisition of own shares in accordance with paragraph 5.5.1 of the FCA's Disclosure Guidance and Transparency Rules
Phoenix Digital Assets PLC (AQSE: PNIX) announces that, as at 30 April 2025 and pursuant to the share buyback programme (the "Programme") announced on 12 August 2024, the Company has acquired in aggregate 23,317,901 ordinary shares of 0.1 pence each ("Ordinary Shares") through Dowgate Capital. These Ordinary shares are held in treasury by the Company and represent 5.02% of the Company's share capital.
Notification of total voting rights in accordance with paragraph 5.6.1 of the FCA's Disclosure Guidance and Transparency Rules
The issued share capital of the Company is 464,750,000 Ordinary Shares, each share carrying the right to one vote, of which 23,317,901 are held in treasury. For reporting purposes under the FCA's Disclosure and Transparency Rules the market should exclude any shares held in treasury and should use the figure 441,432,099 when determining if they are required to notify their interest in, or a change to their interest in the Company. The Company will make further announcements in due course following the completion of any further purchases pursuant to the Programme.
The Directors of Phoenix accept responsibility for this announcement.
For further information please contact:
Phoenix Digital Assets PLC | |
Jonathan Bixby Executive Chairman | Via First Sentinel
|
First Sentinel Corporate Finance Limited | |
Corporate Adviser Brian Stockbridge | +44 7858 888 007 |
About Phoenix
Phoenix Digital Assets PLC invests in a diversified portfolio of 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. Phoenix is headquartered in London, UK, and its shares are listed on the Aquis Stock Exchange Growth Market under the ticker symbol PNIX. https://www.getphoenix.co.uk