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Supernova Digital - Transaction In Own Shares


Announcement provided by

Supernova Digital Assets Plc · SOL

05/08/2025 16:06

Supernova Digital - Transaction In Own Shares
RNS Number : 0946U
Supernova Digital Assets PLC
05 August 2025
 

 

 

 

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

05 August 2025

 

 

Supernova Digital Assets PLC

 

("Supernova" or the "Company")

 

Transaction In Own Shares

 

Supernova Digital Assets PLC (AQSE: SOL) announces that, pursuant to the authorisation granted by shareholders to the Company at the AGM held on 4 August 2025 to buy back its shares ("Authorisation"), it has acquired the following number of ordinary shares of £0.001 each ("Ordinary Shares") through Oberon Investments Limited.

Date of purchase:

04 August 2025

Number of Ordinary Shares purchased:

87,000,000

Highest price paid per share (GBP):

0.002586

Lowest price paid per share (GBP):

0.002586

Volume weighted average price paid (GBP):

0.002586

 

At its 2025 Annual General Meeting held on 4 August 2025, shareholders passed the Authorisation, being a special resolution authorising the Company to buy back up to 1,450,000,000 Ordinary Shares, representing approximately 90 per cent of the Company's issued share capital as of 9 July 2025. The minimum price, exclusive of all expenses, which may be paid for an Ordinary Share is the nominal value of an Ordinary Share; the maximum price, exclusive of all expenses, which may be paid for an Ordinary Share is an amount equal to the net asset value of the Company per share as announced by the Company on a Regulatory Information Service from time to time. The authority conferred by this resolution will expire on 31 December 2026, all future purchases of Ordinary Shares will be made pursuant to this authority.

The Company announced its half yearly results on 31 July 2025, including net assets which equate to a net asset per share of £0.002949 as at 30 April 2025, and therefore the price paid is in accordance with the terms of the Authorisation.

Notification of total voting rights in accordance with paragraph 5.6.1 of the FCA's Disclosure Guidance and Transparency Rules

The purchased Ordinary Shares will be held in treasury by the Company. Following this purchase, the issued share capital of the Company is 1,603,225,646 Ordinary Shares, each share carrying the right to one vote, of which 154,000,000 are held in treasury. For reporting purposes under the FCA's Disclosure and Transparency Rules the market should exclude any shares held in treasury and should use the figure 1,449,225,646 when determining if they are required to notify their interest in, or a change to their interest in the Company. The Company will make further announcements in due course following the completion of any further purchases pursuant to the 2025 Authorisation granted to the Company.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Oberon Investments Limited on behalf of the Company pursuant to the Authorisation.

Individual transaction

Number of ordinary Shares

Transaction price (GBP share)

Time of transaction (UK time)

Trading venue

87,000,000

0.002586

13:13

Aquis Stock Exchange

 

The Directors of Supernova accept responsibility for this announcement. 

For further information please contact:

Supernova Digital Assets


Mike Edwards

Executive Chairman

Via First Sentinel

 

First Sentinel


Corporate Adviser

Brian Stockbridge

+44 7858 888 007 

 

About Supernova Digital Assets:

The Company will look to identify investment and business building opportunities in the high growth Solana and crypto currency ecosystem. The Board intends to deploy the majority of the Company's cash resources in the acquisition of minority interests in a number of different, yet to be identified, companies in the broad Solana and crypto currency ecosystem, and to apply expertise to the business operations and strategic plans of these companies. The experience, operational skills and contacts of the Board are intended to act as an accelerator to start-ups and early-stage companies to maximise their profit opportunity. It is anticipated that returns to Shareholders will be delivered through a combination of an appreciation in the Company's share price and through the adoption of a progressive dividend policy. The Company's Directors have an established track record, experience and networks in the crypto currency sector, digital assets management, as well as the media industry to drive value creation.

 

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