REG - Acceler8 Ventures - Expiration of FCA Transition Provisions

Acceler8 VenturesAnnouncement

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RNS Number : 7156V  Acceler8 Ventures PLC  18 August 2025

18 August 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

ACCELER8 VENTURES PLC

Expiration of FCA Transition Provisions

Acceler8 Ventures Plc (LSE: AC8, "AC8" or the "Company"), the Main Market
listed acquisition company, announces that further to the expiration of the
FCA's Transition Provisions in relation to shell companies on 29 July 2025,
the Board of Directors of the Company intend to propose a special resolution
to amend the Company's articles of association at its next general meeting of
shareholders in order to comply with UKLR 13.2.1R.

Under this resolution, the Directors will recommend that the articles of
association of the Company are amended to provide that if the Company has not
completed an initial transaction on or before the 30 July 2027, it will cease
operations and return any excess cash to shareholders.

Enquiries:

 

 Tessera Investment Management Limited
 Tony Morris                            +44 (0) 7742 189145

 

 

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