REG - Alkemy Capital Invs. - Oversubscribed Subscription to raise £500,000

Alkemy Capital InvestmentsAnnouncement

25/06/2025 07:00

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RNS Number : 2512O  Alkemy Capital Investments PLC  25 June 2025

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR
FORM ANY PART OF AN OFFER TO SELL OR ISSUE, OR A SOLICITATION OF AN OFFER TO
BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES IN THE UNITED STATES,
AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN
WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL OR TO ANY PERSON TO WHOM IT
IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION. NO PUBLIC OFFERING OF THE
FUNDRAISE SHARES IS BEING MADE IN ANY SUCH JURISDICTION. ANY FAILURE TO COMPLY
WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF
SUCH JURISDICTIONS.

 

THIS ANNOUNCEMENT IS NOT FOR PUBLIC RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,
AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN
WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE
MARKET ABUSE REGULATION NO. 596/2014 ("MAR") AS IN FORCE IN THE UNITED KINGDOM
PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF
THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE
PUBLIC DOMAIN.

 

25 June 2025

 

Alkemy Capital Investments Plc

 

Oversubscribed Subscription to raise £500,000

 

Alkemy Capital Investments plc ("Alkemy") (LSE: ALK) is pleased to announce
that it has raised £500,000 in a subscription of 333,334 new ordinary shares
at a subscription price of £1.50 per share ("Subscription Shares").

This includes subscriptions of £40,000 from each of directors Paul Atherley,
Sam Quinn and Vikki Jeckell. Quark Financial was the Financial Advisor to the
transaction.

The net proceeds will be used to further the development of TVL's lithium
hydroxide processing faclility in Teesside and for general working capital
purposes.

Following the subscription, the directors will have the following beneficial
shareholdings in the Company:

 

                Number of new Shares subscribed  Resulting number of Shares  % of enlarged capital
 Paul Atherley  26,667                           3,547,226                   36.02%
 Sam Quinn      26,667*                          533,095                     5.41%
 Vikki Jeckell  26,667                           66,667                      0.68%

( )

(*)Includes a subscription of £20,000 via Lionshead Consulting Limited and
£20,000 via Silvertree Partners, in which Mr Quinn has an interest.

 

Subscribers in the subscription will be entitled to one warrant for every
share subscribed at an exercise price of £2.25 per share for two years from
the date of issuance. If at any time during the two year period the Company's
shares price exceeds £4 for a ten day period an accelerator provision will
apply and the Company may elect to enforce the exercise of the warrants,
subject to any regulatory restrictions.

 

The subscription and issue of the Subscription Shares are conditional upon and
an application will be made for 333,334 ordinary shares to be admitted to the
official list (Standard Segment) of the FCA and to trading on the Main Market
of the London Stock Exchange ("Admission") and Admission is expected to occur
at 8.00 a.m. on 30 June 2025.

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the
Company confirms that following Admission, the Company's enlarged issued
ordinary share capital will comprise 9,848,185 ordinary shares each with a
right to vote and with no shares held in treasury. Therefore, following
Admission, the above figure may be used by shareholders in the Company as the
denominator for the calculations to determine if they are required to notify
their interest in, or a change to their interest in the Company, under the
FCA's Disclosure Guidance and Transparency Rules.

 

In addition the Company has issued 25,333 warrants to Quark Financial
exerciseable at £1.50 per share for two years from the date of issuance.

 

Further information

For further information, please visit the Company's website:
www.alkemycapital.co.uk (http://www.alkemycapital.co.uk) or
www.teesvalleylithium.co.uk (http://www.teesvalleylithium.co.uk)

-Ends-

 Alkemy Capital Investments Plc  Tel: 0207 317 0636

                                 info@alkemycapital.co.uk (mailto:info@alkemycapital.co.uk)
 Zeus                            Tel: 0203 829 5000

 

 

Forward Looking Statements

 

This news release contains forward‐looking information. The statements are
based on reasonable assumptions and expectations of management and Alkemy
provides no assurance that actual events will meet management's expectations.
In certain cases, forward‐looking information may be identified by such
terms as "anticipates", "believes", "could", "estimates", "expects", "may",
"shall", "will", or "would". Although Alkemy believes the expectations
expressed in such forward‐looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and
actual results or developments may differ materially from those projected. In
addition, factors that could cause actual events to differ materially from the
forward-looking information stated herein include changes in market
conditions, changes in metal prices, general economic and political
conditions, environmental risks, and community and non-governmental actions.
Such factors will also affect whether Alkemy will ultimately receive the
benefits anticipated pursuant to relevant agreements. This list is not
exhaustive of the factors that may affect any of the forward‐looking
statements. These and other factors should be considered carefully and readers
should not place undue reliance on forward-looking information.

 

 

The Notification of Dealing Form provided in accordance with the requirements
of the Market Abuse Regulation in relation to the transaction listed above is
set out below.

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Paul Atherley

 2    Reason for the notification

 a)   Position/status                                              Non-Executive Chairman

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Alkemy Capital Investments PLC

 b)   LEI                                                          213800NW5GVIRMXSRL48

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary shares

      Identification code                                          GB00BMD6C023

 b)   Nature of the transaction                                    Subscription of shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     £1.50             26,667

 d)   Aggregated information

      - Aggregated volume                                          26,667

      - Price                                                      £1.50

 e)   Date of the transaction                                      30/06/2025

 f)   Place of the transaction                                     Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Sam Quinn

 2    Reason for the notification

 a)   Position/status                                              Non-Executive Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Alkemy Capital Investments PLC

 b)   LEI                                                          213800NW5GVIRMXSRL48

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary shares

      Identification code                                          GB00BMD6C023

 b)   Nature of the transaction                                    Subscription of shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     £1.50             26,667

 d)   Aggregated information

      - Aggregated volume                                          26,667

      - Price                                                      £1.50

 e)   Date of the transaction                                      30/06/2025

 f)   Place of the transaction                                     Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Vikki Jeckell

 2    Reason for the notification

 a)   Position/status                                              Non-Executive Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Alkemy Capital Investments PLC

 b)   LEI                                                          213800NW5GVIRMXSRL48

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary shares

      Identification code                                          GB00BMD6C023

 b)   Nature of the transaction                                    Subscription of shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     £1.50             26,667

 d)   Aggregated information

      - Aggregated volume                                          26,667

      - Price                                                      £1.50

 e)   Date of the transaction                                      30/06/2025

 f)   Place of the transaction                                     Outside a trading venue

 

 

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