REG - Caledonian Holdings - Update on Proposed Fundraising

Caledonian HoldingsAnnouncement

19/09/2025 17:15

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RNS Number : 1273A  Caledonian Holdings PLC  19 September 2025

19 September 2025

Caledonian Holdings plc

("Caledonian" or "the Company")

 

Update on Proposed Fundraising

 

The Board of Caledonian Holdings plc (AIM:CHP), an AIM-quoted investing
company focused on financial services opportunities, is today providing an
update on the Proposed Fundraising, details of which were announced by the
Company on 28 August 2025 with a further update given on 12 September 2025.

As previously detailed, the purpose of the Proposed Fundraising is for the
Company to raise further funds to invest directly into AlbaCo Limited
("AlbaCo"), one of Caledonian's investee companies, in support of its
regulatory capital fundraising. The Proposed Fundraising and any proposed
further investment by Caledonian into AlbaCo remains conditional on AlbaCo
raising a minimum of £25 million of regulatory capital.

In order to prioritise engagement with certain institutional investors and
providers of structured capital solutions, the Company, in conjunction with
its advisers, has decided to step back at this stage from a wider marketing of
the Proposed Fundraising. Whilst the Company has been introduced to a number
of traditional public market investors as part of the Proposed Fundraising,
the Board believes that at this stage, discussions focusing on institutional
counterparties are better aligned with the Company's immediate objectives.

Should terms with such institutional or other parties be agreed in the near
future, the Company would give consideration to re-engaging with the other
public market investors met during the Proposed Fundraising, to provide them
with the opportunity to participate on the same terms where practicable. This
approach is intended to balance institutional support with access for retail
investors.

As indicated, Caledonian continues to hold constructive discussions with a
number of significant funding sources which, should these be concluded, would
enable the Company to make a further significant investment into AlbaCo and
continue to progress its wider financial services investment strategy.

The Board remains confident in its ability to secure the additional capital
required and will provide further updates as appropriate.

Capitalised terms used in this announcement shall have the same meaning as in
the announcement of 28 August 2025 unless otherwise defined herein.

 

For further information, please contact:

 Caledonian Holdings plc                       Tel: +44 (0) 7950 389469

 Jim McColl, Executive Director

 Brent Fitzpatrick, Non-Executive Chairman

 Allenby Capital Limited (Nominated Adviser)   Tel: +44 (0) 20 3328 5656
 Nick Athanas / Piers Shimwell

 Peterhouse Capital Limited (Broker)           Tel: +44 (0) 20 7469 0930

 

 

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