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GST Gstechnologies Ltd

1.125
-0.025 (-2.17%)
Last Updated: 10:39:34
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Gstechnologies Ltd GST London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.025 -2.17% 1.125 10:39:34
Open Price Low Price High Price Close Price Previous Close
1.15 1.10 1.15 1.15
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Gstechnologies GST Dividends History

No dividends issued between 23 Feb 2014 and 23 Feb 2024

Top Dividend Posts

Top Posts
Posted at 19/2/2024 11:55 by ssrover
Hi smacker i can't seem to DM you privately

You have blocked me on twitter for some reason even though we haven't had any interaction on there... could you unblock me pls as i want to discuss GST with you away from these boards.. peter@Shareresearcher

Kind regards

smackeraim15 Feb '24 - 12:16 - 19 of 20
0 0 0
I don’t see one
Posted at 04/1/2024 08:19 by smackeraim
Good appointment for Gst. Well done
Posted at 25/11/2023 09:19 by wewillwin20
Will be great on monday as gst isnt rising massive dumping into close yesterdayQbt was getting all the action while gst wasnt
Posted at 19/11/2023 16:43 by hope67
Looking forward to seeing what the acquisition is and the results should show revs from Angra no warrants.
Placing to raise £847,000

Corporate Update

GSTechnologies Limited (LSE: GST), the fintech company, announces that the Company has raised gross proceeds of £847,000 through a placing (the "Placing") of 77,000,000 shares of no par value in the Company ("Ordinary Shares") at a price of 1.10 pence per share (the "Placing Shares"). The Placing Shares equate to approximately 4.2% of the Company's currently issued share capital.

The funds raised from the Placing will be principally used to accelerate the implementation of the Group's GS Money strategy, including potentially via further acquisitions. Further announcements will be made by the Company in due course as appropriate.
Posted at 15/11/2023 20:08 by wewillwin20
Qbt is the futureWatch the gst and qbt tomorrow Qbt will leave gst for dust Most rampers have goneGst has no more volume and now placing churn
Posted at 15/11/2023 12:09 by bina117
Fill your Boots guys this is the next one that will be flying soon after QBT

14 November 2023

GSTechnologies Limited

("GST" or the "Company" or the "Group")

Placing to raise GBP847,000

Corporate Update

GSTechnologies Limited (LSE: GST), the fintech company, announces that the Company has raised gross proceeds of GBP847,000 through a placing (the "Placing") of 77,000,000 shares of no par value in the Company ("Ordinary Shares") at a price of 1.10 pence per share (the "Placing Shares"). The Placing Shares equate to approximately 4.2% of the Company's currently issued share capital.

The funds raised from the Placing will be principally used to accelerate the implementation of the Group's GS Money strategy, including potentially via further acquisitions. Further announcements will be made by the Company in due course as appropriate.

CMC Markets UK Plc ("CMC Markets"), acted as the Company's sole placing agent in respect of the Placing. Brokers wishing to offer their customers access to future CMC Markets transactions, should register their interest here: .

Corporate Update

GST continues to focus on the development and roll-out of its innovative GS Money solutions from the Group's GS20 Exchange and Angra Global businesses.

Following the Company's soft launch of its GS20 Exchange in November 2022, the soft launch has been successful and the development of the GS20 Exchange has progressed in accordance with GST's expectations, with a wider roll-out now being undertaken. There has been a progressive build-up of signed-up users, and the Company are greatly encouraged by the market traction the GS20 Exchange is enjoying. The GS20 Exchange is generating revenue for the Company via trading commissions at varying levels depending on the type and size of transaction undertaken.

Angra Global, which was created following the acquisition of PAYPT Finance Ltd, in Canada, in August 2023, and its merger with the Group's existing Angra business based in London, has been onboarding new customers and is trading in line with the Board's expectations. A proportion of the Placing proceeds will be utilised to progress Angra Global's cryptoasset wallet development and enhancements to its white label e-wallet solution.
Posted at 14/11/2023 23:44 by hope67
Glindala's Crypto Currency Exchange Licence is supervised by the Lithuanian Financial Crime Investigation Service ("FCIS") and it covers two types of crypto activities, cryptoasset exchange services, both crypto-fiat and crypto-crypto, and cryptoasset depository wallet services, including generating and storing encrypted client keys. Completion of the acquisition was subject only to the approval of the FCIS which has now been received.

GST plans to utilise Glindala to launch a regulated cryptoasset exchange platform to offer crypto products and GS Money stablecoin settlements to retail and institutional clients. The regulatory permission secured is a significant step forward in GST's stablecoin expansion strategy in Europe.

Following the acquisition of Glindala, GST has entered into an agreement with an exchange infrastructure technology partner to provide the technology and software to run the exchange and integrate it with the Company's other offerings. This is expected to significantly accelerate the timeline to bring the full exchange platform into operation.
Posted at 14/11/2023 18:29 by babbler
"The FCA rejected..."Yes the first iteration was rejected. They are still in talks and have the FCA guiding them to get it approved."Under the FCA Innovation Pathway programme, the Company will be provided with a dedicated FCA case officer, with a comprehensive range of support services, designed to assist GST to further develop the appropriate path for the progression of its stablecoin plans. This may involve a future Regulatory Sandbox application or preparation for regulatory authorisation without the need for supervised testing"Therefore, we are very pleased to have been offered a place on their Innovations Pathway programme. This opportunity will enable GST to benefit further from the guidance of the FCA and I would like to thank them for their assistance and feedback through the application process. We do not view this as a setback in any way, but rather as an alternative and appropriate pathway offered by the FCA. Keep advising...without the positives to go with your negative slant.
Posted at 14/11/2023 18:02 by pwhite73
bmwmand3 - Some posters have years of experience and explain to others with lesser experience what's going on. GST deliberately remained silent when the shares went up nearly 200% on rumours they were generating revenue of £8 million per day at the high point due to their GS20 exchange having gone live. Now that the placing is out of the way at 1.15p they still have not confirmed what the revenues for GS20 are only to state they are gaining traction. Well traction can be from 1p to £1 that's a 100 fold traction.

I would hazard a guess that revenues are next zero and the GS20 exchange based in Lithuania are not part of their long term programme. Indeed in the Annual Results they advise GS20 is not a pure exchange as such.

RNS 31/07/23 - "The GS20 Exchange is offering spot trading and over-the-counter trading desk services for popular cryptoassets, although it is not a pure cryptocurrency exchange, so users will see greater technology integration with regulated stablecoins as well as the introduction of more convenient onramp and offramp services for those stablecoins in due course."

The problem here is that the FCA has rejected GST's stablecoins so the only crypto assets they are trading is your standard bitcoin etc. But who would want to be on their exchange with only 10 customers when Binance has 30 million.

People like me are advisors not trolls.
Posted at 30/6/2023 09:43 by tomboyb
GSTechnologies Limited

("GST" or the "Company" or the "Group")

Stablecoin Update

GSTechnologies Limited (LSE: GST), the fintech company, provides an update on the Company's stablecoin application for admission to the UK Financial Conduct Authority ("FCA") Regulatory Sandbox (the "Application"), as announced on 20 February 2023.



The Company has been informed by the FCA that they have concluded that the Application does not currently meet the FCA's strict criteria for admission to the FCA Regulatory Sandbox. As an alternative the FCA have offered the Company a place on their Innovations Pathway programme, an initiative designed to support financial services firms in launching innovative products and services, which the Company is pleased to accept.



Under the FCA Innovation Pathway programme, the Company will be provided with a dedicated FCA case officer, with a comprehensive range of support services, designed to assist GST to further develop the appropriate path for the progression of its stablecoin plans. This may involve a future Regulatory Sandbox application or preparation for regulatory authorisation without the need for supervised testing.



The Company will make further announcements in due course, as appropriate.



Tone Goh, Chairman of GST, commented: "Since the launch of GS Money stablecoins in late November 2021, we have made considerable progress, not only in this area but also with our other GS Money offerings. Although we initially viewed admission of our stablecoins to the FCA Regulatory Sandbox as an ideal next step, we understand and appreciate the FCA's rigorous admission criteria. Therefore, we are very pleased to have been offered a place on their Innovations Pathway programme. This opportunity will enable GST to benefit further from the guidance of the FCA and I would like to thank them for their assistance and feedback through the application process. We do not view this as a setback in any way, but rather as an alternative and appropriate pathway offered by the FCA. We look forward to providing further updates, as appropriate, as we progress."



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