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.

30 December 2024

Supernova Digital Assets PLC

("Supernova" or the "Company")

Share Buyback

Supernova Digital Assets PLC (AQSE: SOL) announces that, further to authorisation granted by shareholders at the Annual General Meeting of the Company held on 7 May 2024 ("AGM"), it acquired the following number of ordinary shares of £0.001 each ("Ordinary Shares") through Oberon Investments Limited.

The purchase was be made in accordance with the resolution passed by shareholders at the AGM. A copy of the circular convening AGM, which contains the full text of the resolution, is available on the Company's website https://www.supernovaplc.com/investors

The maximum aggregate number of Ordinary Shares authorised to be purchased is 1,300,000,000, representing approximately 90% of the issued capital of the Company as of 5 April 2024. The minimum price, exclusive of all expenses, authorised to be paid for an Ordinary Share is the nominal value of an Ordinary Share. The maximum price, exclusive of all expenses, authorised to be paid for an Ordinary Share is whichever is the higher of £0.0024 and 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 granted at the AGM will expire on 31 December 2025.

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 67,000,000 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 1,536,225,646 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 authority granted at the AGM.

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 authority granted at the AGM.

Individual transaction

The Directors of Supernova accept responsibility for this announcement. 

For further information please contact:

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.