RE: Placing fund raiser12 Apr 2025 17:48
No fund raiser any time soon. Already done end of March. Here is extract, but do read the RMS, 31st March
Following the passing of all of the Resolutions at the AGM, the Company can now issue the following as per its announcement of 12 March 2025 (RNS Number: 2759A) (the "Fundraising Announcement"):
ยท 687,500,000 new Ordinary Shares ("Fundraising Shares") at a price of ยฃ0.0004 per share (the "Issue Price"), with one warrant, valid for one year from the date of Admission, exercisable at ยฃ0.0008 per ordinary share, attached to each Fundraising Share ("Fundraising Warrants").
ยท 83,000,000 new Ordinary Shares to convert Richard Edwards' outstanding convertible loan notes (the "CLN Shares"); and
ยท 50,793,650 new Ordinary Shares to settle outstanding professional fees from Coat Capital Ltd, of which Richard Edwards is a director (the "Fee Shares").