World Chess PLC has announced the issuance of 2,867,152 new ordinary shares in lieu of €200,000 owed to Engiscent PTE LTD, a development partner of the company. The issue price for the shares is €0.07 per share. The company will apply for the shares to be admitted to the FCA's Official List and to be traded on the London Stock Exchange's Main market for listed securities. Following the issuance of the shares, the company now has a total of 670,060,653 ordinary shares issued and outstanding, resulting in a total number of voting rights in the company of 670,060,653. Ilya Merenzon, CEO of World Chess, expressed delight that their long-term partners have chosen to become investors in the company and looks forward to working together to further develop chess.