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CRYPTOLOGY ASSET GROUP PLC Cryptology's estimated NAV per share as of 22/09/2021 is €9.25

Directive transparence : information réglementée

23/09/2021 16:03

DGAP-News: Cryptology Asset Group PLC / Key word(s): Statement/Cryptocurrency / Blockchain
Cryptology's estimated NAV per share as of 22/09/2021 is €9.25

23.09.2021 / 16:03
The issuer is solely responsible for the content of this announcement.


Corporate News

Cryptology Asset Group p.l.c. ("Cryptology")
Malta, 23.09.2021

Cryptology's estimated NAV per share as of 22/09/2021 is €9.25

Members of Cryptology recently participated in NYC's SALT Conference, which had a strong focus on crypto

 

Malta, 23.09.2021. Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR), a leading European holding company for crypto assets and blockchain-related business models, announced its most recent estimated Net Asset Value ("NAV") per share of €9.25.

Cryptology CEO, Patrick Lowry, as well as founding investors Christian Angermayer and Mike Novogratz, recently were participants in the SALT conference in New York. Mike gave an inspiring fireside chat on the future of crypto and it was apparent to the group that the institutional adoption of crypto is just beginning.

GBC AG, an independent capital markets research firm, issued an updated report on Cryptology after the share split with a "BUY" rating. Adjusting for the 20-1 stock split, GBC increased its price target to €18.35. The shares closed yesterday at €8.45, implying well over a 50% discount to GBC's price target.

Cryptology CEO, Patrick Lowry, said "Markets in general have been a bit skittish this week given the possible Evergrande default and the high leverage in the financial system. After a dip, crypto has already begun coming back. I have nothing but high expectations for crypto markets as we head into Q4."

Cryptology shares currently trade on several German exchanges including Börse Düsseldorf, Gettex and Tradegate. In order to increase trading liquidity and open up to new shareholder groups, Cryptology is currently exploring an international listing.

 

About Cryptology Asset Group p.l.c.

Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR) is a leading European holding company for crypto assets and blockchain-related business models. Founded by Christian Angermayer's family office, Apeiron Investment Group, and crypto-legend Mike Novogratz, Cryptology is the largest publicly traded holding company for blockchain- and crypto-based business models in Europe. Noteworthy portfolio companies include crypto-giant and EOSIO software publisher Block.one, leading HPC provider Northern Data, commission-free online neobroker nextmarkets, and crypto asset management group Iconic Holding.

Media Contact:

Cryptology Asset Group p.l.c.

Jefim Gewiet (COO)

66/67, Beatrice, Amery Street,

Sliema SLM 1707 Malta

E-mail: info@cryptology-ag.com



23.09.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Cryptology Asset Group PLC
Beatrice 66 & 67, Amery Street
SLM 1707 Sliema
Malta
E-mail: info@cryptology-ag.com
Internet: cryptology-ag.com
ISIN: MT0001770107
WKN: A2JDEW
Listed: Regulated Unofficial Market in Dusseldorf
EQS News ID: 1235666

 
End of News DGAP News Service

1235666  23.09.2021 

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