REG - Beacon Rise Holdings - Statement re: £150k ASA investment

Beacon Rise HoldingsAnnouncement

13/03/2026 10:00

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RNS Number : 6003W  Beacon Rise Holdings PLC  13 March 2026

13 March 2026

 

BEACON RISE HOLDINGS PLC

("Beacon Rise" or the "Company")

 

Further advanced subscription agreements to raise approximately £150,000

 

Beacon Rise (LSE: BRS), is pleased to announce that the Company has entered
into advanced subscription agreements (the "ASAs") with new and existing
investors to raise gross proceeds of approximately £150,000 (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
£350,000 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 a 10 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 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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