Samara Asset Group plc

10/14/2024 | Press release | Distributed by Public on 10/13/2024 23:03

Samara Asset Group to Issue up to €30 Million in a Nordic Bond to Acquire LP Stakes in Funds and Grow its Bitcoin Treasury

Malta, Oct. 14, 2024. Samara Asset Group (ISIN: MT0001770107; Ticker: SRAG:GR) today announces it has mandated Pareto Securities as Sole Manager to arrange a series of fixed income investor meetings. An up to €30m senior secured Nordic bond (the "Bond") may follow subject to, inter alia, market conditions.

The proceeds from the Bond are intended to expand Samara's diversified investment portfolio by acquiring additional limited partnership stakes in alternative investment funds as well as increase its position in Bitcoin, which Samara uses as its primary treasury reserve asset.

The Bond would be issued by Samara Asset Group p.l.c. while a newly formed SPV, Samara Asset Holdings Ltd., would be pledged in favor of the Bond and act as the guarantor for the Bond. The Bond is intended to be listed on the unregulated market of the Oslo and Frankfurt Stock Exchanges. The private placement of the Bond has a minimum subscription and allocation amount of € 100,000.00.

"We are excited by the prospect of placing this Bond and look forward to using the proceeds to acquire more Bitcoin and continue to seed the world's best emerging managers," said Patrick Lowry, Samara CEO. "The proceeds will allow Samara to further expand and solidify its already robust balance sheet as we diversify into new emerging technologies through new fund investments. With Bitcoin as our primary treasury reserve asset, we also enhance our liquidity position with bond proceeds."

Christian Angermayer, member of Samara's Advisory Committee, said "Our mission at Samara is to drive humanity forward through innovation by seeding the world's best managers and builders. With this new dry powder, we are excited to invest in and partner with the builders of tomorrow's most disruptive technologies and grow our Bitcoin position."

About Samara Asset Group p.l.c.

Samara Asset Group (ISIN: MT0001770107; Ticker: SRAG:GR) is the stalwart foundation from which the strongest investment seeds grow. We leverage our robust balance sheet to seed the best emerging asset managers and back the world's best builders in our unrelenting pursuit of advancing humanity through innovation, and we "hodl" Bitcoin! We deploy our assets in external managers and through our digital asset management platform, Samara Alpha Management, investing in cutting-edge, under-the-radar managers with the aim of delivering outsized, risk-adjusted returns.

For more information, please contact:

Samara Asset Group p.l.c.

66/67, Beatrice, Amery Street,

Sliema, SLM 1707, Malta

https://samara-ag.com/

E-mail: [email protected]