{"success":true,"data":{"pressRelease":{"id":"145529","rtpr_id":"nGNE56MFCV-20260916","ticker":"CSHR","exchange":"NASDAQ","all_tickers":["CSHR"],"title":"CoinShares Shareholders Approve Authority to Repurchase up to 25% of Ordinary Shares and Adopt 2026 Equity Incentive Plan","author":"Globe Newswire","published_at":"2026-09-16T17:15:00.057Z","article_body":"September 16, 2026 | SAINT HELIER, Jersey — CoinShares PLC (“CoinShares”\nor the “Company”) (Nasdaq: CSHR), a leading global asset manager\nspecialising in digital assets, today announced that shareholders approved all\nresolutions put to them at the Company’s Extraordinary General Meeting (the\n“EGM”) held on Tuesday, 15 September 2026, including authority for the\nCompany to repurchase up to 25% of its outstanding ordinary shares and the\nadoption of the CoinShares PLC 2026 Equity Incentive Plan.\n\nThe repurchase authority provides the Board with an additional capital\nallocation tool. Based on approximately 131.8 million ordinary shares\noutstanding, the authority represents capacity to repurchase up to\napproximately 32.9 million ordinary shares. The authority conferred by this\nresolution will expire on September 15, 2031.\n\nThe authority establishes the maximum capacity available to the Board and does\nnot require the Company to repurchase any specific number or value of shares.\nThe Company does not currently expect to utilise the authority in full. Any\ndecision to repurchase shares will take into account market conditions, the\nCompany’s financial position, alternative uses of capital and applicable\nlegal and regulatory requirements.\n\nShareholders also approved the adoption of the CoinShares PLC 2026 Equity\nIncentive Plan in its entirety. The Plan is designed to allow the previously\napproved equity pool to be implemented efficiently across the jurisdictions in\nwhich CoinShares operates, without increasing the number of shares reserved\nunder the Plan.\n\nJean-Marie Mognetti, Co-Founder and Chief Executive Officer of CoinShares,\ncommented:\n\n“Shareholder approval gives us the flexibility to act when we believe the\nmarket price of CoinShares materially understates the long-term value of the\nbusiness.\n\n“We entered the second half with approximately $453 million of net assets,\n$413.9 million of Available Capital and no long-term debt. Our business also\nremained Segment EBITDA positive through a difficult first half for digital\nassets and continued to generate positive net inflows.\n\n“We have operated through multiple digital asset cycles and understand the\nimportance of maintaining a strong balance sheet. Capital also needs to earn\nan appropriate return. Where our shares trade at a material discount to what\nwe believe is their intrinsic value, repurchasing our own equity can represent\nan attractive use of capital.\n\n“We are not choosing between returning capital and investing for growth. Our\nbalance sheet gives us the capacity to do both, and we will remain disciplined\nin allocating capital among organic growth, strategic opportunities and\npotential share repurchases. The same discipline applies to equity incentives:\nwe want our people aligned with shareholders while remaining disciplined about\ndilution.”\n\nExtraordinary General Meeting\n\nThe EGM was held as a virtual meeting on September 15, 2026, with voting on\nall resolutions conducted by way of a poll. All four resolutions, as set out\nin the notice of the EGM, were duly passed.\n\nThe full voting results will be made available on the Company’s Investor\nRelations website as soon as practicable and will be furnished to the U.S.\nSecurities and Exchange Commission on a Report of Foreign Private Issuer on\nForm 6-K.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe United States Private Securities Litigation Reform Act of 1995. These\nforward-looking statements include, without limitation, statements regarding\npotential share repurchases, capital allocation, market conditions, future\ngrowth opportunities, and CoinShares’ business and strategy.; and other\nstatements identified by words such as “believes,” “expects,”\n“may,” and “will”. These statements involve known and unknown risks,\nuncertainties, and other factors that may cause actual results to differ\nmaterially from the anticipated results or other expectations expressed in\nsuch forward-looking statements. Additional risk factors are described in the\nCompany's Annual Report on Form 20-F for the fiscal year ended December 31,\n2025, and other filings and submissions with the U.S. Securities and Exchange\nCommission. CoinShares does not undertake any obligation to update any\nforward-looking statements to reflect events or circumstances after the date\nof this press release, except as required by law.\n\nAbout CoinShares\n\nCoinShares is a leading global asset manager specialising in digital assets,\ndelivering a broad range of financial services across investment management,\ntrading and securities to a wide array of clients, including corporations,\nfinancial institutions and individuals. Focusing on crypto since 2013, the\nfirm is headquartered in Jersey, with offices in France, Sweden, Switzerland,\nthe UK and the US.\n\nCoinShares’ affiliated entities are regulated in Jersey by the Jersey\nFinancial Services Commission, in France by the Autorité des marchés\nfinanciers, and in the US by the Securities and Exchange Commission, National\nFutures Association and Financial Industry Regulatory Authority. CoinShares is\npublicly listed on Nasdaq under the ticker CSHR.\n\nInvestor Relations | investor.coinshares.com | corporateir@coinshares.com","article_body_html":"","raw_payload":{"data":{"id":"nGNE56MFCV-20260916","title":"CoinShares Shareholders Approve Authority to Repurchase up to 25% of Ordinary Shares and Adopt 2026 Equity Incentive Plan","author":"Globe Newswire","ticker":"CSHR","created":"2026-09-16T17:15:00.057Z","tickers":["CSHR"],"exchange":"NASDAQ","article_body":"September 16, 2026 | SAINT HELIER, Jersey — CoinShares PLC (“CoinShares”\nor the “Company”) (Nasdaq: CSHR), a leading global asset manager\nspecialising in digital assets, today announced that shareholders approved all\nresolutions put to them at the Company’s Extraordinary General Meeting (the\n“EGM”) held on Tuesday, 15 September 2026, including authority for the\nCompany to repurchase up to 25% of its outstanding ordinary shares and the\nadoption of the CoinShares PLC 2026 Equity Incentive Plan.\n\nThe repurchase authority provides the Board with an additional capital\nallocation tool. Based on approximately 131.8 million ordinary shares\noutstanding, the authority represents capacity to repurchase up to\napproximately 32.9 million ordinary shares. The authority conferred by this\nresolution will expire on September 15, 2031.\n\nThe authority establishes the maximum capacity available to the Board and does\nnot require the Company to repurchase any specific number or value of shares.\nThe Company does not currently expect to utilise the authority in full. Any\ndecision to repurchase shares will take into account market conditions, the\nCompany’s financial position, alternative uses of capital and applicable\nlegal and regulatory requirements.\n\nShareholders also approved the adoption of the CoinShares PLC 2026 Equity\nIncentive Plan in its entirety. The Plan is designed to allow the previously\napproved equity pool to be implemented efficiently across the jurisdictions in\nwhich CoinShares operates, without increasing the number of shares reserved\nunder the Plan.\n\nJean-Marie Mognetti, Co-Founder and Chief Executive Officer of CoinShares,\ncommented:\n\n“Shareholder approval gives us the flexibility to act when we believe the\nmarket price of CoinShares materially understates the long-term value of the\nbusiness.\n\n“We entered the second half with approximately $453 million of net assets,\n$413.9 million of Available Capital and no long-term debt. Our business also\nremained Segment EBITDA positive through a difficult first half for digital\nassets and continued to generate positive net inflows.\n\n“We have operated through multiple digital asset cycles and understand the\nimportance of maintaining a strong balance sheet. Capital also needs to earn\nan appropriate return. Where our shares trade at a material discount to what\nwe believe is their intrinsic value, repurchasing our own equity can represent\nan attractive use of capital.\n\n“We are not choosing between returning capital and investing for growth. Our\nbalance sheet gives us the capacity to do both, and we will remain disciplined\nin allocating capital among organic growth, strategic opportunities and\npotential share repurchases. The same discipline applies to equity incentives:\nwe want our people aligned with shareholders while remaining disciplined about\ndilution.”\n\nExtraordinary General Meeting\n\nThe EGM was held as a virtual meeting on September 15, 2026, with voting on\nall resolutions conducted by way of a poll. All four resolutions, as set out\nin the notice of the EGM, were duly passed.\n\nThe full voting results will be made available on the Company’s Investor\nRelations website as soon as practicable and will be furnished to the U.S.\nSecurities and Exchange Commission on a Report of Foreign Private Issuer on\nForm 6-K.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe United States Private Securities Litigation Reform Act of 1995. These\nforward-looking statements include, without limitation, statements regarding\npotential share repurchases, capital allocation, market conditions, future\ngrowth opportunities, and CoinShares’ business and strategy.; and other\nstatements identified by words such as “believes,” “expects,”\n“may,” and “will”. These statements involve known and unknown risks,\nuncertainties, and other factors that may cause actual results to differ\nmaterially from the anticipated results or other expectations expressed in\nsuch forward-looking statements. Additional risk factors are described in the\nCompany's Annual Report on Form 20-F for the fiscal year ended December 31,\n2025, and other filings and submissions with the U.S. Securities and Exchange\nCommission. CoinShares does not undertake any obligation to update any\nforward-looking statements to reflect events or circumstances after the date\nof this press release, except as required by law.\n\nAbout CoinShares\n\nCoinShares is a leading global asset manager specialising in digital assets,\ndelivering a broad range of financial services across investment management,\ntrading and securities to a wide array of clients, including corporations,\nfinancial institutions and individuals. Focusing on crypto since 2013, the\nfirm is headquartered in Jersey, with offices in France, Sweden, Switzerland,\nthe UK and the US.\n\nCoinShares’ affiliated entities are regulated in Jersey by the Jersey\nFinancial Services Commission, in France by the Autorité des marchés\nfinanciers, and in the US by the Securities and Exchange Commission, National\nFutures Association and Financial Industry Regulatory Authority. CoinShares is\npublicly listed on Nasdaq under the ticker CSHR.\n\nInvestor Relations | investor.coinshares.com | corporateir@coinshares.com"},"type":"article","timestamp":"2026-09-16T17:15:00.15504551Z","server_sent_at_ms":1789578900155},"received_at":"2026-09-16T17:15:00.213Z","source_url":null},"analysis":{"id":"134361","press_release_id":"145529","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":["repurchase authority is capacity only — company explicitly does not expect to use it in full and has committed to no specific program","CEO describes a 'difficult first half for digital assets' as the operating backdrop","new 2026 Equity Incentive Plan formalizes ongoing equity compensation, though the release states the share pool was not increased"],"eventType":"buyback","narrative":"CoinShares shareholders passed all four resolutions at the September 15, 2026 Extraordinary General Meeting, including authority for the company to repurchase up to 25% of its outstanding ordinary shares.\n\nBased on approximately 131.8 million shares outstanding, the authority covers up to roughly 32.9 million shares and expires September 15, 2031 — though management said it does not currently expect to utilize the authority in full and any buyback will weigh market conditions and alternative uses of capital.\n\nShareholders also adopted the CoinShares PLC 2026 Equity Incentive Plan, which implements the previously approved equity pool across jurisdictions without increasing the number of shares reserved.\n\nCEO Jean-Marie Mognetti pointed to approximately $453 million of net assets, $413.9 million of Available Capital and no long-term debt, and framed repurchases as an attractive use of capital where shares trade at a material discount to intrinsic value, alongside a Segment EBITDA-positive first half and continued positive net inflows.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Oversized 25% repurchase authorization with no deployment commitment — treat as optionality on a CSHR discount to NAV, not a live buyback."},"keyFigures":{"customDimensions":{"net_assets":"$453 million","long_term_debt":"none","authority_expiry":"September 15, 2031","available_capital":"$413.9 million","resolutions_passed":4,"shares_outstanding":131800000,"repurchase_authorization":"up to 25% of outstanding ordinary shares","repurchase_capacity_shares":32900000}},"quotedText":"Shareholder approval gives us the flexibility to act when we believe the\nmarket price of CoinShares materially understates the long-term value of the\nbusiness.","namedEntities":{"people":[{"name":"Jean-Marie Mognetti","role":"Co-Founder and Chief Executive Officer"}],"products":["CoinShares PLC 2026 Equity Incentive Plan"],"companies":[{"name":"CoinShares PLC","ticker":"CSHR","relationship":"filer"}],"dollarAmounts":[{"amount":"$453 million","context":"net assets entering the second half"},{"amount":"$413.9 million","context":"Available Capital entering the second half"}]},"materialImpact":{"score":2,"reasoning":"This is an authorization-only EGM outcome: shareholders approved capacity to repurchase up to 25% of shares, but the company explicitly states it does not expect to utilize the authority in full and no specific program is committed. The 2026 Equity Incentive Plan implements an already-approved pool without increasing shares reserved, making this a routine governance event with a modestly positive capital-allocation signal."},"tickerRelevance":{"others":[],"primary":"CSHR"},"globalImportance":23,"audienceRelevance":30,"eventTypeSecondary":["other"],"importanceComponents":{"tickerTier":"small/mid-cap digital asset manager","eventGravity":"buyback authorization only, no commitment","sectorWeight":"crypto-adjacent retail interest","governanceRoutine":true,"householdBrandBoost":false,"retailFavoriteBoost":"moderate (digital assets sector)"}},"event_type":"buyback","event_type_secondary":["other"],"sentiment":"bullish","material_impact_score":2,"narrative":"CoinShares shareholders passed all four resolutions at the September 15, 2026 Extraordinary General Meeting, including authority for the company to repurchase up to 25% of its outstanding ordinary shares.\n\nBased on approximately 131.8 million shares outstanding, the authority covers up to roughly 32.9 million shares and expires September 15, 2031 — though management said it does not currently expect to utilize the authority in full and any buyback will weigh market conditions and alternative uses of capital.\n\nShareholders also adopted the CoinShares PLC 2026 Equity Incentive Plan, which implements the previously approved equity pool across jurisdictions without increasing the number of shares reserved.\n\nCEO Jean-Marie Mognetti pointed to approximately $453 million of net assets, $413.9 million of Available Capital and no long-term debt, and framed repurchases as an attractive use of capital where shares trade at a material discount to intrinsic value, alongside a Segment EBITDA-positive first half and continued positive net inflows.","key_figures":{"customDimensions":{"net_assets":"$453 million","long_term_debt":"none","authority_expiry":"September 15, 2031","available_capital":"$413.9 million","resolutions_passed":4,"shares_outstanding":131800000,"repurchase_authorization":"up to 25% of outstanding ordinary shares","repurchase_capacity_shares":32900000}},"named_entities":{"people":[{"name":"Jean-Marie Mognetti","role":"Co-Founder and Chief Executive Officer"}],"products":["CoinShares PLC 2026 Equity Incentive Plan"],"companies":[{"name":"CoinShares PLC","ticker":"CSHR","relationship":"filer"}],"dollarAmounts":[{"amount":"$453 million","context":"net assets entering the second half"},{"amount":"$413.9 million","context":"Available Capital entering the second half"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-16T17:15:45.494Z","global_importance":23,"audience_relevance":30,"importance_components":{"tickerTier":"small/mid-cap digital asset manager","eventGravity":"buyback authorization only, no commitment","sectorWeight":"crypto-adjacent retail interest","governanceRoutine":true,"householdBrandBoost":false,"retailFavoriteBoost":"moderate (digital assets sector)"}},"durationMs":45276,"modelName":"glm-5.3-flash"}}