REG - Beacon Rise Holdings - £100k Advanced Subscription Agreement

Beacon Rise HoldingsAnnouncement

08/05/2026 07:00

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RNS Number : 4847D  Beacon Rise Holdings PLC  08 May 2026

8 May 2026

 

BEACON RISE HOLDINGS PLC

("Beacon Rise" or the "Company")

 

Further advanced subscription agreements to raise approximately £100,000

 

Beacon Rise (LSE: BRS), is pleased to announce that the Company has entered
into an advanced subscription agreement (the "ASA") with an existing investor
to raise gross proceeds of approximately £100,000 (the "ASA Funds").

 

It is intended that the net proceeds raised will be used towards a portion of
the transaction fees associated with the Proposed Acquisitions and Admission,
as well as being applied towards the Company's working capital commitments.

 

To date, the Company has raised total gross proceeds of approximately
£550,000 in ASA Funds which are pending completion.

 

Further information in relation to the ASAs

 

Pursuant to the terms and conditions of the ASAs, the Company has
conditionally agreed to issue to the ASA subscribers new ordinary shares of
£0.0001 each in the Company ("Ordinary Shares") at the issue price of any
new Ordinary Shares issued pursuant to any equity fundraise that takes place
contemporaneously with Admission. If Admission has not occurred by 28 August
2026, the ASA subscribers will receive new Ordinary Shares at a price of
£1.80 per new Ordinary Share.

 

Certain of the ASAs are intended to constitute a qualifying advance
subscription agreement for the purpose of the Enterprise Investment Scheme
(EIS).

 

Unless otherwise defined, definitions contained in this announcement have the
same meaning as those set out in the announcement released by the Company at
8:11 a.m. on 29 September 2025.

 

Enquiries:

 Xiaobing Wang, Director

 Beacon Rise Holdings Plc

 Email: info@beaconrise.uk

 LDC Nominee Secretary Limited, Company Secretary

 Email: beaconrisecss@lawdeb.com

 Legal Entity Identifier (LEI): 2138007PIYMZMBWD4M27

 

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