REG - Phoenix Digital - Transaction in Own Shares

RNS Number : 8617E Phoenix Digital Assets PLC 14 April 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.14 April 2025Phoenix Digital Assets PLC("Phoenix" or the "Company")TRANSACTION IN OWN SHARESPhoenix Digital Assets PLC (AQSE: PNIX) announces that, pursuant to the share buyback programme (the "Programme") announced on 12 August 2024, it acquired the following number of ordinary shares of 0.1 pence each ("Ordinary Shares") through Dowgate Capital.Date of purchase:11 April 2025Number of Ordinary Shares purchased:1,000,000Highest price paid per share (GBP):3.45pLowest price paid per share (GBP):3.45pVolume weighted average price paid (GBP):3.45pNotification of total voting rights in accordance with paragraph 5.6.1 of the FCA's Disclosure Guidance and Transparency RulesThe purchased Ordinary Shares will be held in treasury by the Company. Following this purchase, the issued share capital of the Company is 460,875,000 Ordinary Shares, each share carrying the right to one vote, of which 19,567,901 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 441,307,099 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 Programme.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 Dowgate Capital on behalf of the Company as part of the share buyback programme.Individual transactionNumber of ordinary Shares1,000,000Transaction price (GBP share)3.45pTime of transaction (UK time)15:58Trading venueAQSEThe Directors of Phoenix accept responsibility for this announcement. For further information please contact:Phoenix Digital Assets PLCJonathan BixbyExecutive Chairman+44 7876 888 011 First Sentinel Corporate Finance LimitedCorporate AdviserBrian Stockbridge+44 7858 888 007About PhoenixPhoenix Digital Assets PLC invests in a diversified portfolio of cryptocurrency, and/or in companies or funds which have exposure to NFT or blockchain technology. The Company's leadership team have an extensive track record in the cryptocurrency sector and previously founded Argo Blockchain PLC, a global crypto miner. Phoenix is headquartered in London, UK, and its shares are listed on the Aquis Stock Exchange Growth Market under the ticker symbol PNIX.  https://www.getphoenix.co.ukThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.  END  NEXUOAARVOUSAUR