RE: Told you2 Oct 2025 11:18
Plus of course the fundraise to come:
Resolution 8
Resolution 8 proposes that the directors be authorised to allot up to 100,000,000 Ordinary Shares of £0.01 GBP
par value each in the capital of the Company for the purposes of a fundraise.
The Company expects to publish a simplified prospectus during Q4 2025. The prospectus is being published for
the purposes of the proposed fundraise. The fundraising is expected to take place following the publication of the
prospectus and is likely to take place in tranches. The Company is aiming to seek out an acquisition target and
intends to use the proceeds of such fundraise to pursue an acquisition.
On that basis, the directors intend to raise approximately £1,000,000 at a fundraise price to be determined by the
directors at the time of the proposed fundraise, which will likely be determined based on the Company’s share price
at the time and investor appetite.