RE: RNS out….7 Nov 2025 07:30
The Company’s issued ordinary share capital currently consists of 3,022,586,460 Existing Ordinary Shares. As
a result of the number of shares in issue, which is significantly higher than many companies whose shares are
traded on AIM and AQSE, the Board believes that the low share price affects investor perception of the
Company and share price volatility. Further, as a Gibraltar incorporated public company the Company is unable
to issue shares for less than the nominal value of its Ordinary Shares.
Accordingly, the objective of the Capital Reorganisation is to reduce the number of Existing Ordinary Shares
to a level which is more in line with other comparable AIM-traded companies with the intention of also creating
a higher share price per ordinary share in the capital of the Company. The Directors believe that the Capital
Reorganisation should improve the liquidity and marketability of the Ordinary Shares.