DGAP-News: Cryptology Asset Group PLC
/ Key word(s): Statement/Cryptocurrency / Blockchain
Cryptology Asset Group p.l.c. ("Cryptology")
Cryptology's estimated NAV per share as of 21/07/2021 is €153.51
Cryptology recently held an extraordinary general meeting where a 20-1 share split was ratified
Malta, 22.07.2021. Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR), a leading European investment firm for crypto assets and blockchain-related business models, announced its most recent estimated Net Asset Value ("NAV") per share of €153.51.
The shareholders of Cryptology convened an extraordinary general meeting on July 20, 2021, where a 20-1 share split was ratified. Authorized share capital of Cryptology was redenominated from 3,200,000 shares with a nominal value of €1 per share to 64,000,000 shares with a nominal value of €0.05 per share.
Recently, GBC AG recently completed an independent, initial research report on Cryptology Asset Group with a 'Buy' rating and a price target of €358.43. The shares closed yesterday at €158, well over a 50% discount to GBC's price target.
Cryptology CEO, Patrick Lowry, said "Cryptology's mission is to make crypto accessible to everyone. We felt one of the best ways to help achieve this was through a share split of the Cryptology stock. Completing this successfully, in my personal view, makes our highly curated and exclusive portfolio of investments more accessible to many investors."
Cryptology shares currently trade on several German exchanges including Börse Düsseldorf, Gettex and Tradegate. In order to increase trading liquidity and open up to new shareholder groups, Cryptology is currently exploring an international listing. The ticker symbol for Cryptology was recently changed from 4UD to CAP.
About Cryptology Asset Group p.l.c.
Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR) is a leading European investment company for crypto assets and blockchain-related business models. Founded by Christian Angermayer's family office, Apeiron Investment Group, and crypto-legend Mike Novogratz, Cryptology is the largest publicly traded holding company for blockchain- and crypto-based business models in Europe. Noteworthy portfolio companies include crypto-giant and EOSIO software publisher Block.one, leading HPC provider Northern Data, commission-free online neobroker nextmarkets, and crypto asset management group Iconic Funds.
Cryptology Asset Group p.l.c.
Jefim Gewiet (COO)
66/67, Beatrice, Amery Street,
Sliema SLM 1707 Malta
22.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||Cryptology Asset Group PLC|
|Beatrice 66 & 67, Amery Street|
|SLM 1707 Sliema|
|Listed:||Regulated Unofficial Market in Dusseldorf|
|EQS News ID:||1220922|
|End of News||DGAP News Service|