REG - Beacon Rise Holdings - £150k Advanced subscription agreement

Beacon Rise HoldingsAnnouncement

13/01/2026 07:00

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RNS Number : 5795O  Beacon Rise Holdings PLC  13 January 2026

13 January 2026

 

BEACON RISE HOLDINGS PLC

("Beacon Rise" or the "Company")

 

Advanced subscription agreement to raise approximately £150,000

 

Beacon Rise (LSE: BRS), is pleased to announce that the Company has entered
into an advanced subscription agreement (the "ASA") with a new investor to
raise gross proceeds of approximately £150,000 (the "ASA Funds").

 

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

 

Further information in relation to the ASA

 

Pursuant to the terms and conditions of the ASA, the Company has conditionally
agreed to issue to the ASA subscriber new ordinary shares of £1 each in
the Company ("Ordinary Shares") at a 15 per cent. discount to 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 subscriber will receive new Ordinary Shares at a price of
£1.80 pence per new Ordinary Share.

 

The ASA is intended to constitute a qualifying advance subscription agreement
for the purpose of the Enterprise Investment Scheme (EIS).

 

The issuance of the new Ordinary Shares is conditional, inter alia, upon the
Company obtaining the requisite authorities to issue the new Ordinary Shares.
The Company will provide a further update as appropriate.

 

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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