30 June 2025

Vinanz Limited

("Vinanz" or "the Company")

(BTC:L and VINZF:US)

Repayment of Debt Facility

London, New York, June 30, 2025, Vinanz Limited, the London Stock Exchange Main Market-listed Bitcoin treasury company with active mining operations across the United States and Canada, announces that it has elected not to increase its debt level from $2 million to $4 million under the investment agreement dated 14 May 2025 (the "Investment Agreement") entered into between the Company and a institutional investor. The Company has successfully negotiated and signed a termination letter with the institutional investor pursuant to which the parties have agreed that the Company will satisfy its repayment obligations to the institutional investor by the transfer of existing shares in the Company to the institutional investor and on completion of the transfer of shares to the institutional investor, the Investment Agreement will terminate and the Company's obligations will be discharged in full.

The Company and the directors David Lenigas and Jeremy Edelman have entered into a arms' length loan arrangement in respect of the transaction described in this announcement. Pursuant to this arrangement David Lenigas and Jeremy Edelman have agreed to satisfy the Company's obligations to the institutional investor in order to terminate the Investment Agreement, in accordance with the terms of the termination letter.

Directors David Lenigas and Jeremy Edelman have each contributed 5,388,909 Vinanz shares from their personal shareholdings in the Company in order to satisfy the above transaction that results in satisfying the Company's full debt obligations to the institutional investor. Settling the debt in this way has helped retain the maximum  number of unissued shares available ("headroom") for further capital raises.

The Company has agreed to repay the shares advanced by David Lenigas and Jeremy Edelman, in new shares, on demand by David Lenigas and Jeremy Edelman (the "Loan Arrangement").  The Loan Arrangement could therefore constitute a material related party transaction for the purpose of Rule 7.3 of the FCA's Disclosure and Transparency Rules. The transaction has been approved by the directors independent of the transaction, being Robert Scott and Mahesh Pulandaran, David Lenigas and Jeremy Edelman recused themselves from the board's consideration of this transaction and did not vote on the relevant board resolution.  

This transaction does not change the total number of shares in issue ("outstanding") in the Company.

Hewie Rattray, CEO of Vinanz, comments

"The repayment of this facility strengthens our capital position and provides greater flexibility as we continue executing our Bitcoin accumulation strategy. We view the debt markets as an important lever for growth and are now well-positioned to pursue more structured, strategic financing aligned with our long-term objectives."

The directors of the Company accept responsibility for this announcement.

For further information please contact:

Vinanz Limited

Hewie Rattray, CEO                                          [email protected]        [email protected]

Rob Scott, Finance Director                              [email protected]            [email protected]

David Lenigas, Chairman                                  [email protected]        [email protected]

Jeremy Edelman                                                [email protected]      [email protected]

First Sentinel (Corporate Adviser)

Brian Stockbridge                                                 [email protected]

                                                                             +44 (0) 20 3855 5551

Clear Capital Markets (Broker)

Bob Roberts                                                          [email protected]

                                                                              +44 (0) 20 3869 6080

Square1 Consulting (Financial PR)

David Bick                                                             [email protected]

                +44 (0) 20 7929 5599

                +44 (0) 7831 381201

About Vinanz Limited

Vinanz's primary listing is in London (United Kingdom) on the London Stock Exchange under the ticker "BTC.L" and trades in the USA on the US OTCQB under the ticker "VINZF". Vinanz is building up a strategic bitcoin holding through acquiring Bitcoin as a treasury and currency management tool and by adding bitcoin through its own Bitcoin mining operations in North America.  The Company currently has miners installed in multiple third-party hosting facilities in Indiana, Iowa, Nebraska and Texas in the USA and in Labrador (Canada).

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).