REG - Beacon Rise Holdings - Issue of Equity

Beacon Rise HoldingsAnnouncement

16/10/2025 11:45

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RNS Number : 6850D  Beacon Rise Holdings PLC  16 October 2025

16 October 2025

 

BEACON RISE HOLDINGS PLC

 

("Beacon Rise" or the "Company")

 

Advanced subscription agreements to raise approximately £0.22 million

 

Further to the Company's announcement on 26 September 2025, the board of
directors of Beacon Rise (the "Board" or the "Directors") is pleased to
announce that the Company has entered into advanced subscription agreements
(the "ASA") with new and existing investors to raise gross proceeds of
approximately £0.22 million (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, 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 subscribers 138,851 new ordinary shares of £1 each
in the Company ("Ordinary Shares") at a price of £1.60 pence per new
Ordinary Share (the "Issue Price").

 

The issuance of the 138,851 new Ordinary Shares is conditional, inter alia,
upon the Company having the requisite authorities to issue the new Ordinary
Shares as well as the new Public Offers and Admissions to Trading Regulations
2024 becoming effective, which is expected to be implemented on 19 January
2026. 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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