REG - Cel AI PLC - Intention to float on the AQSE Growth Market

CEL AIAnnouncement

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RNS Number : 5028T  Cel AI PLC  01 August 2025

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (596/2014/EU) AS IT FORMS PART OF UK DOMESTIC LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 AS AMENDED ("MAR").
UPON THE PUBLICATION OF THIS ANNOUNCEMENT, SUCH INFORMATION WILL NO LONGER
CONSTITUTE INSIDE INFORMATION.

 

1 August 2025

Cel AI PLC

 

("Cel AI" or "the Company")

Intention to float on the Aquis Stock Exchange Growth Market

Intention to Cancel Listing on London Stock Exchange

Notice of General Meeting

Cel AI Plc (LSE: CLAI), the AI agent deployment platform with a strategic
Bitcoin treasury focus, is  pleased to announce its intention to seek the
admission of its Ordinary Shares to trading on the Aquis Stock Exchange Growth
Market (the "AQSE Growth Market"). Admission to the AQSE Growth Market is
expected to occur on 1 September 2025 and the Company will make a further
announcement in due course.

Intention to cancel listing on the London Stock Exchange

The Company also announces its intention to cancel: (i) the listing of the
Company's Ordinary Shares ("Ordinary Shares") on the Equity Shares
(Transition) category of the Official List (the "Official List") of the U.K.
Financial Conduct Authority ("FCA"); and (ii) the admission to trading of its
Ordinary Shares on the London Stock Exchange's ("LSE") main market for listed
securities  (together, the "Delisting").

As per the Company's articles of association, shareholder approval is required
for the Delisting. Accordingly, a circular to shareholders convening the
General Meeting to be held at the offices of Fladgate LLP, 16 Great Queen
Street, London WC2B 5DG at 2:00pm on 20 August 2025 will be posted on 4 August
2025 and will be available to download on the Company's website at
www.getcel.ai/investors. The Delisting is conditional upon, inter alia, the
passing of the certain resolutions to be proposed at the General Meeting (the
"Resolutions").

Process for the London Delisting

In accordance with U.K. Listing Rule 21.2.17R, the Company is required to give
at least 20 business days' notice of the Delisting.  As such, conditional on
the Resolutions being passed at the General Meeting, it is intended that the
Delisting will become effective from 8:00 a.m. (U.K. time) on 1 September
2025, such that the last day of trading of the Ordinary Shares on the LSE will
be 29 August 2025.

The Company notes that the move to AQSE Growth Market is necessary in order to
continue with the Bitcoin strategy which will become impracticable under the
Listing Rules. Accordingly, the Directors will recommend that Shareholders
vote in favour of the Resolutions at the General Meeting. Cel AI's current
holding in Bitcoin remains at 5.28 BTC following a disposal of 3.42 BTC on 17
July 2025. The Company intends to continue to acquire further Bitcoin
following admission to the AQSE Growth Market.

Olivia Edwards, Executive Chair of Cel AI, commented:

"Our proposed move to the Aquis Stock Exchange Growth Market marks a pivotal
step for Cel AI. By shifting our listing, we unlock the flexibility needed to
execute our Bitcoin treasury strategy aggressively -an essential component of
our long-term vision. This transition ensures we can fully pursue our
strategic goals without the constraints of the current listing framework,
strengthening both our balance sheet resilience and our ability to create
lasting shareholder value."

 

Enquiries:

 Cel AI
 Director

 Olivia Edwards                           via FSCF
 First Sentinel Corporate Finance (FSCF)
 Financial Adviser

 Brian Stockbridge                        +44 7858 888 007
 OAK Securities
 Corporate Broker                         +44 20 3973 3678 / +44 7432

 Jerry Keen / Calvin Man                  270007

                                          jerry.keen@oak-securities.com

                                          calvin.man@oak-securities.com

 

This Announcement includes statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the use of forward-looking terminology, including the terms
"believes", "estimates", "forecasts", "plans", "prepares", "anticipates",
"projects", "expects", "intends", "may", "will", "seeks", "should" or, in each
case, their negative or other variations or comparable terminology, or by
discussions of strategy, plans, objectives, goals, future events or
intentions. These forward-looking statements include all matters that are not
historical facts. They appear in a number of places throughout this
Announcement and include statements regarding the Company's and the Directors'
intentions, beliefs or current expectations concerning, amongst other things,
the Company's prospects, growth and strategy, planned work at the Company's
projects and the expected results of such work, mineral grades and mineral
reserve and resource estimates. By their nature, forward-looking statements
involve risks and uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future. Forward-looking
statements are not guarantees of future performance. The Company's actual
performance, achievements and financial condition may differ materially from
those expressed or implied by the forward-looking statements in this
Announcement. In addition, even if the Company's results of operations,
performance, achievements and financial condition are consistent with the
forward-looking statements in this Announcement, those results or developments
may not be indicative of results or developments in subsequent periods. Any
forward-looking statements that the Company makes in this Announcement speak
only as of the date of such statement and (other than in accordance with their
legal or regulatory obligations) neither the Company, nor any of their
respective associates, directors, officers or advisers shall be obliged to
update such statements. Comparisons of results for current and any prior
periods are not intended to express any future trends or indications of future
performance, unless expressed as such, and should only be viewed as historical
data

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