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5-day change | 1st Jan Change | ||
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October 02, 2023 at 04:50 am EDT
EQS-News: Advanced Blockchain AG / Key word(s): Cryptocurrency / Blockchain Advanced Blockchain: Simon Telian (CEO) acquires further shares in the Company 02.10.2023 / 10:48 CET/CEST Advanced Blockchain: Simon Telian (CEO) acquires further shares in the Company 2 October 2023 – Advanced Blockchain AG (“AB”, Scale Frankfurt, primary market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator, architect and investor for the blockchain industry, announces that CEO Simon Telian, today acquired additional 7,000 shares of Advanced Blockchain AG at an average price of EUR 3,10. The shares were acquired on XETRA. Telian now holds over 12,000 shares directly. Furthermore, he possesses options for up to 193,800 shares in the company with strike prices ranging from EUR 3,10 to EUR 16,65. This represents a theoretical combined ownership stake of approximately 5,4 % in the company. Simon Telian, CEO of Advanced Blockchain, comments: “I am convinced that Advanced Blockchain is a great investment. Our company has demonstrated that it is on a course for growth with its exciting portfolio in the blockchain universe. Our success is underpinned by the recent positive independent valuation of our ten largest portfolio companies – together alone worth far more than our listed equity.”
Contact:
About Advanced Blockchain AG: For more information about Advanced Blockchain AG, its various projects, and investments, please visit https://www.advancedblockchain.com/.
02.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Advanced Blockchain AG |
Scharnhorststraße 24 | |
10115 Berlin | |
Germany | |
Phone: | +4930403669510 |
Fax: | 030403669511 |
E-mail: | [email protected] |
Internet: | www.advancedblockchain.com |
ISIN: | DE000A0M93V6 |
WKN: | A0M93V |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1739215 |
End of News | EQS News Service |
1739215 02.10.2023 CET/CEST
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Advanced Blockchain AG is a Germany-based information technology (IT) company. The Company specializes in blockchain, utilizing distributed ledger technology (DLT), while simultaneously further developing other technological solutions, such as directed acyclic graphs (DAG). The Company operates within four business fields: DLT Consultancy, which offers businesses advice on how to apply DLT to their needs and provides the necessary know-how in the implementation process; Applications, which pursues further development and commercialization possibilities of the DAG technology and includes the Company’s research activities; Development for third parties, which involves creating dedicated software on order, ranging from minor business process optimizations to full renewal of the business model based on the DAG technology, and Software as a Service (SaaS), which provides decentralized data processing and hosting services in exchange for a license fee.
More about the company
Buy
Average target price
11.00EUR
Spread / Average Target
+267.89%
Consensus
This news is republished from another source.