Coinsilium Group Limited Appointment of Non-Executive Director
19 January 2017 - 7:00AM
UK Regulatory
TIDMCOIN
19 January 2017
COINSILIUM GROUP LIMITED
("Coinsilium" or the "Company")
Appointment of Non-Executive Director
The Company is pleased to announce the appointment of Malcolm Stephen David
Palle as a Non-Executive Director of the Company with immediate effect.
Mr Palle is a founder shareholder in the Company and prior to its admission to
trading on the NEX Exchange Growth Market was the Company's Commercial
Director.
Mr Palle is a multi-disciplined entrepreneur with 25 years of start-up
experience with a background in the Mobile Communications and Travel
Industries. He is also an experienced investor with a focus on the mining
exploration and technology sectors and is co-founder and Managing Director of
well-established Investor Communications brand MiningMaven.
Malcolm Palle owns 3,777,921 ordinary shares in the Company representing 5.29%
of the issued share capital, of which, 650,000 ordinary shares are held for the
benefit of a number of individual third parties (none of which constitute a
related party of the Company as defined by the NEX Exchange Growth Market Rules
for Issuers).
Current Directorships and Past Directorships and Partnerships
Partnerships over the last 5 years
Catalyst Information Services Ltd Coinsilium Limited
Coinsilium Group Limited
Catalyst Strategies Limited
In 1993 Malcolm Palle entered into an individual voluntary arrangement (IVA)
which completed in 1998. Mr Palle has since been authorised by the FCA to carry
out controlled functions.
There is no further information that is required to be disclosed pursuant to
Paragraph 21, Appendix 1 of the NEX Exchange Growth Market Rules for Issuers.
Eddy Travia, Chief Executive Officer of the Company, commented:
"We are pleased to welcome Malcolm back as a director of the Company. Malcolm
was instrumental in successfully assisting with the set-up of the Company and
we look forward to his contribution to the board. Malcolm is an 'early adopter'
with a successful track record in identifying opportunities within emerging
technologies. We are confident that Malcolm's commercial experience and vision
will serve Coinsilium well as we seek to capitalise on our early mover
advantage in the fast growing Blockchain sector."
The Directors of the Company accept responsibility for the content of this
announcement.
ENQUIRIES:
Company
COINSILIUM GROUP LIMITED
Eddy Travia + 44 (0) 207 099 0740
Corporate Adviser
Peterhouse Corporate Finance Limited
Guy Miller / Mark Anwyl +44 (0) 20 7220 9795
Broker
SI Capital Limited
Nick Emerson / Andy Thacker +44 (0) 1483 413 500
END
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January 19, 2017 02:00 ET (07:00 GMT)