Valereum PLC has reduced its participation in the London BTC Company Limited, previously named Vinanz Limited, in the context of the strategic distribution of capital and investment.
Valereum’s participation in Vinanz decreased from 27,325,171 to 15,400,171 shares, after 11,925,000 shares.
Total revenue from sales shares amounted to £ 1,755,641. Based on the initial assessment of £ 0.01 per share, in which the company received these shares as a thought to sell certain assets to Vinanz during 2023 (evaluation of sales shares at £ 119,250), the company has made a gross profit of £ 1,636,391 from this disposal.