Kasei Holdings Plc Equity Issue, Issue of Warrants and PDMR Shareholding

 
TIDMKASH 
 
28 March 2022 
 
                              KASEI HOLDINGS PLC 
 
                          ("Kasei" or the "Company") 
 
             Equity Issue, Issue of Warrants and PDMR Shareholding 
 
Equity Issue 
 
Kasei Holdings PLC (AQSE: KASH) is pleased to announce that it has raised a 
total of GBP 150,000 (gross) from Jane Thomason Abigail, the Company's 
Chairperson, through the issue of 750,000 new ordinary shares (the 'Placing 
Shares') under this equity issue. 
 
The Company will use the proceeds from the equity issue to further advance its 
investment strategy. 
 
Admission 
 
Application has been made for the 750,000 Placing Shares to be admitted to 
trading on Aquis Stock Exchange ('Admission'). Admission is expected to occur 
at 8:00 am on or around 1 April 2022. 
 
Total Voting Rights 
 
Following Admission, the Company's issued share capital will comprise 
29,061,684 ordinary shares of £0.01 each, with each share carrying the right to 
one vote. 
 
Issue of Warrants 
 
The Company also announces that it has granted Lord Anthony St John a total of 
50,000 warrants to subscribe for new ordinary shares of 1 pence each 
("Warrants"). The Warrants are exercisable at 20 pence per ordinary share, and 
for a period of five (5) years, expiring on 25 March 2027. The warrants are 
being granted in connection with his introduction of Jane Thomason Abigail to 
the Company. 
 
Following the issue of the Warrants, the Company has a total of 616,234 
warrants in issue, representing approximately 2.12% of the issued share capital 
of the Company. 
 
PDMR Shareholding 
 
In connection with the equity issue described above, Kasei has received 
notification from Jane Thomason Abigail as shown below. 
 
This announcement, including the notifications below, is made in accordance 
with the requirements of the EU Market Abuse Regulation. 
 
1.          Details of PDMR / person closely associated with them ("PCA") 
 
1.1                Name              Jane Thomason Abigail 
 
1.2                Position / status Chairperson 
 
1.3                Initial           Initial notification 
                   notification / 
                   amendment 
 
1.          Details of the transaction(s): section to be repeated for (i) each 
type of instrument; (ii) each type of transaction; (iii) each date; and (iv) 
each place where transactions have been conducted 
 
1.1                Description of    £0.01 ordinary shares of Kasei Holdings Plc 
                   the financial     ISIN: GB00BN950D98 
                   instrument 
 
1.2                Nature of the     Subscription 
                   transaction 
 
1.3                Price(s) and      Price(s)           Volume(s) 
                   volume(s) 
                                     20p                750,000 
 
1.4                Aggregated        Total subscription of 750,000 shares at 
                   information       20p  for value £150,000.00 
                   Aggregated volume 
                   Price 
 
1.5                Date of the       25 March 2022 GMT 
                   transaction 
 
1.6                Place of the      Outside a trading venue 
                   transaction 
 
The directors of Kasei accept responsibility for this announcement. 
 
For further information please contact: 
 
Jai Patel                             [e-mail] 
Chief Investment Officer 
 
First Sentinel 
Corporate Adviser                     [phone] 
Brian Stockbridge                     [e-mail] 
Gabrielle Cordeiro                    [e-mail] 
 
About Kasei: 
 
The Company is a technology specialist investor that focuses on 
cryptocurrencies and blockchain technologies. 
 
The Company's goal is to provide investors with broad based exposure to the 
fast-growing ecosystem of digital assets, managed using traditional financial 
portfolio construction techniques. The Company also intends to invest in 
venture capital and private equity investments in the blockchain ecosystem. 
 
The Company will leverage the Board's expertise, experience, and networks in 
the cryptocurrency sector and management of digital assets and decentralised 
finance, to drive value creation and to establish the business. The Board has a 
proven capability in portfolio management to achieve significant growth. 
 
The Company's website is located at https://kaseiholdings.com 
 
Forward Looking Statements 
 
This news release may contain "forward-looking" statements and information 
relating to the Company. These statements are based on the beliefs of Company 
management, as well as assumptions made by and information currently available 
to Company management. The Company does not undertake to update forward-looking 
statements or forward-looking information, except as required by law. 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulations 
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory 
Information Service, this inside information is now considered to be in the 
public domain. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

March 28, 2022 02:00 ET (06:00 GMT)