PRESS RELEASE

from Cryptology Asset Group PLC (isin : MT0001770107)

Samara Asset Group has changed its Ticker Symbol to SRAGv

EQS-News: Samara Asset Group p.l.c. / Key word(s): Statement/Corporate Action
Samara Asset Group has changed its Ticker Symbol to SRAGv

24.03.2023 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Corporate News

 

Samara Asset Group p.l.c. (Samara)
~Formerly Cryptology Asset Group p.l.c. (Cryptology)~
Malta, 03.24.2023

 

Samara Asset Group has changed its Ticker Symbol to SRAG

 

Malta, 03.24.2023. Samara Asset Group (ISIN: MT0001770107; Ticker: SRAG:GR, Formerly CAP:GR), announces it has changed its ticker symbol from CAP to SRAG, following its rebrand from Cryptology Asset Group.

The recent rebranding follows a shareholder approval during an Extraordinary General Meeting on March 17, 2023. The rebrand signifies a new chapter for the group as it evolves from a leading publicly traded Bitcoin and blockchain holding company to a deep-tech powered alternative asset management platform.

With the recent launch of Samara Alpha Management (SAM), Samara’s US-based subsidiary, Samara’s new strategy will be to leverage its robust balance sheet to seed emerging asset managers on the SAM platform and back the world’s best builders in Bitcoin. Samara will deploy its assets through the SAM Fund-of-Funds and Multi-Manager platform in an effort to deliver outsized, risk-adjusted returns to its shareholders.

Just as the samara seed’s wings protect and disperse its seeds, Samara’s new purpose will be to invest in the world’s best asset emerging managers and Bitcoin builders, fostering their growth and providing strength and guidance for their journey. We believe the future of finance lies in decentralization and democratization, empowered by Bitcoin. Our mission is to help realize this future by investing in the best emerging asset managers and Bitcoin builders, empowering our shareholders to participate in the performance of their strategies and growth of the Bitcoin ecosystem.

“It has always bothered me that most investors cannot access some of the best investment opportunities in hedge and venture funds due to a lack of access or because they are forbidden to do so due to accredited and qualified investor laws,” said Patrick Lowry, Samara CEO. “Our mission at Samara is to democratize investing, empowering the disenfranchised and forgotten investor. I believe we are uniquely positioned to do so given that we are already publicly traded. With the Samara brand and strategy, our shareholders will participate in the performance of not just our historic Bitcoin infrastructure venture investments, such as B1 and Northern Data, but in the performance of the world’s best emerging asset managers, as well as their growth, through the Samara Alpha platform.”

With the shift in strategy away from being a holding company and towards a robust asset management platform, complete with recurring revenues and risk-adjusted returns from alpha-generating strategies, Samara will no longer post an estimated weekly net asset value (NAV) as it has the past few years.

Samara shares currently trade on several German exchanges including Börse Düsseldorf, Xetra, Gettex and Tradegate. In order to increase trading liquidity and reach new prospective shareholders, Samara is continuing to explore an international listing.

 

About Samara Asset Group p.l.c.

Samara Asset Group (ISIN: MT0001770107; Ticker: SRAG:GR) is a deep-tech powered alternative asset manager with a hyperfocus on alpha-generating strategies and Bitcoin. We leverage our robust balance sheet of many of the world’s pre-eminent Bitcoin infrastructure companies, such as B1, Northern Data and Deutsche Digital Assets, to seed emerging asset managers on the Samara Alpha platform and back the world’s best builders in Bitcoin.

Samara was co-founded by Christian Angermayer’s family office, Apeiron Investment Group, crypto legend Mike Novogratz, and is led by CEO Patrick Lowry. We believe the future of finance lies in decentralization and democratization, empowered by Bitcoin.

 

Media Contact:

Samara Asset Group p.l.c.

66/67, Beatrice, Amery Street,

Sliema, SLM 1707, Malta

https://samara-ag.com/

E-mail: info@samara-ag.com



24.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Language:English
Company:Samara Asset Group p.l.c.
Beatrice 66 & 67, Amery Street
SLM 1707 Sliema
Malta
E-mail:info@cryptology-ag.com
Internet:cryptology-ag.com
ISIN:MT0001770107
WKN:A2JDEW
Listed:Regulated Unofficial Market in Dusseldorf
EQS News ID:1591105

 
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1591105  24.03.2023 CET/CEST

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