REG - BSF Enterprise PLC - Update on Proposed Equity Fundraise

BSF EnterpriseAnnouncement

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RNS Number : 6080U  BSF Enterprise PLC  27 February 2026

27 February 2026

 

BSF Enterprise PLC

("BSF" or the "Company")

 

Update on Proposed Equity Fundraise and Capital Reorganisation

 

Further to the Company's announcements on 28 November 2025 and 15 December
2025 (the "Announcements"), the Company provides an update on the proposed
Equity Fundraise and Capital Reorganisation. As previously announced, the
resolutions required to implement the Equity Fundraise and Capital
Reorganisation were approved at a general meeting of the Company held on 17
December 2025. Capitalised terms used in this announcement have the same
meanings as in the Announcements unless the context requires otherwise.

 

Equity Fundraise

The Equity Fundraise remains conditional, inter alia, on approval of a
prospectus to be published by the Company within the required timeframe
following the entry into the relevant financing arrangements.

 

Further to the above, the Company confirms that it will not meet the
anticipated timetable in respect of the proposed transaction and Capital
Reorganisation.

 

The process remains ongoing and is taking longer than initially anticipated as
the Company continues to assess its options and progress the required
workstreams.

 

The Board continues to consider the proposed transaction, seeking certainty to
enable it to be completed in a timely manner.

 

The Company will provide further updates as appropriate.

 

 

END

 

Engage with the BSF Enterprise management team directly by asking questions,
watching video

summaries and seeing what other shareholders have to say. Navigate to our
Interactive Investor

website here:

 

https://bsfenterprise.com/link/PBvlQP (https://bsfenterprise.com/link/PBvlQP)

 

For further enquiries, please visit www.bsfenterprise.com
(http://www.bsfenterprise.com) or contact:

 

 BSF Enterprise PLC                                                           https://bsfenterprise.com/s/a1f22b (https://bsfenterprise.com/s/a1f22b)

 Geoff Baker - Chairman

 Che Connon - CEO & Director

 We encourage all investors to share questions on this announcement via our
 investor website.
 Shard Capital (Broker)

 Damon Heath                                                                  0207 186 9000

 Isabella Pierre                                                              0207 186 9927
 AlbR Capital Limited (Broker)                                                +44 (0)20 7469 0930

 Colin Rowbury

 Jon Belliss
 ISIN of the Ordinary Shares

 is GB00BHNBDQ51.

 SEDOL Code is BHNBDQ5.

 

 

Subscribe to our news alert service: https://bsfenterprise.com/s/bb9f43
(https://bsfenterprise.com/s/bb9f43)

 

About BSF Enterprise PLC

BSF Enterprise PLC (BSF) develops and commercialises cutting-edge
tissue-engineered solutions, including lab-grown leather, cultivated meat, and
corneal repair technologies. By leveraging its proprietary scaffold-free
platform, BSF aims to deliver sustainable alternatives to traditional
materials and meet global demand for environmentally responsible innovations.

 

 

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