Media and Investor Relations
T: +44 (0) 20 7466 5000
Solicitors to the Company as to BVI Law
Harney Westwood & Riegels LLP
Solicitors to the Company as to English Law
Auditors and Reporting Accountants
Custodian at Admission
Media and Investor Relations
The Company is registered in the BVI, having been incorporated on 25 September 2014 under the BCA with registered number 1842943. The Company is domiciled in the BVI. The liability of the members is limited.
The Directors recognise the importance of sound corporate governance and observe the requirements of the QCA Code to the extent they consider appropriate in light of the Company’s size, stage of development and resources.
The Company departs from the provision of the Code in respect of the number of independent directors. The code states “The board should include an appropriate combination of executive and non-executive (and, in particular, independent non-executive) directors, such that no one individual or small group of individuals dominates the board’s decision-making. There should be a clear division of responsibilities between the leadership of the board and the executive leadership of the company’s business.” The Code also says “At least half the board, excluding the chair, should be non-executive directors whom the board considers to be independent.” In this regard, the Directors intend to appoint a further independent non-executive in the current financial year.
The Company has established an Audit Committee and a Compliance Committee with formally delegated duties and responsibilities.
The Audit Committee comprises Malcolm Palle (executive Director), Wayne Almeida ( non-executive Director and chairman of the committee) and Federica Velardo ( non- executive Director). The composition of this committee may change over time as the composition of the board changes.
The Audit Committee determines the terms of engagement of the Company’s auditors and in consultation with the auditors, the scope of the audit. The Audit Committee receives and reviews reports from management and the Company’s auditors relating to the interim and annual accounts and the accounting and internal control systems in use throughout the Company. The Audit Committee has unrestricted access to the Company’s auditors.
The Compliance Committee, which comprises Eddy Travia ( executive Director), Federica Velardo (non-executive Director and chairman of the committee) and Wayne Almeida (non- executive Director), is responsible for ensuring that the Company has sufficient procedures, resources and controls to enable it to comply with the AQSE Growth Market Apex Market Rules as adopted from time to time and the QCA Code.
The Committees will meet not less than twice a year.
The Board consist of two non-executive directors, Wayne Almeida and Federica Velardo, who act as a bridge between management and shareholders by assisting the Company in implementing corporate governance practices.
In light of the size and composition of the board of directors of the Company, the Directors have not considered it necessary to establish a nomination and remuneration committee. However, they will keep this under regular review.
The Board, which will meet not less than once every two months, will ensure that procedures, resources and controls are in place to ensure that AQSE Growth Market Apex Rulebook compliance by the Company is operating effectively at all times and that the executive directors are communicating effectively with the Company’s AQSE Corporate Adviser regarding the Company’s ongoing compliance with the AQSE Growth Market Apex Rulebook and in relation to all announcements and notifications and potential transactions.
The Company has adopted a share dealing code for dealings in securities of the Company by the Directors, which is appropriate for a company whose shares are traded on the Apex segment of the AQSE Growth Market. This will constitute the Company’s share dealing policy for the purpose of compliance with UK Legislation including UK MAR and Rule 4.1 of the AQSE Growth Market Access Rulebook. It should be noted that the insider dealing legislation set out in the Criminal Justice Act 1993, as well as provisions relating to market abuse, will apply to the Company and dealings in Ordinary Shares.
Coinsilium Group Limited is a Blockchain, Open Finance and Crypto Finance venture operator with its core operations in Gibraltar through its wholly owned subsidiary Coinsilium (Gibraltar) Limited and in Singapore through its joint venture with IOV Labs, IOV Labs Asia Pte. Ltd.
Coinsilium Group invests in innovative blockchain/fintech ventures with a primary focus on open finance, digital assets, and non-fungible token solutions. Investments are undertaken through various structures including wholly owned subsidiaries, joint ventures and partnerships, with the intent of supporting the further development and commercialisation of these technologies.
Coinsilium has built up a portfolio of interests in blockchain and fintech related companies. In addition, through the experience of the Directors and management team, Coinsilium is able to offer a suite of services including corporate/strategic advisory, investment solutions and other professional services to companies looking to engage with or deploy blockchain technology solutions.
Number of securities in issue (excluding Treasury): 170,168,235
Shares in Treasury: 4,580,000
Total Shares Issued (Including Treasury): 174,748,235
Warrants & options granted: 38,428,000
Fully diluted excluding treasury: 208,596,235
Fully diluted including treasury: 213,176,235
Shares in public hands: 75.44%
|Name of Shareholder||Number of Ordinary Shares||%|
|IOV Labs Limited
|Great North Star Intl Inc.||6,250,000||3.67%|
*Current Director Holdings