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RNS Number : 3066Z Fiinu PLC 15 September 2025
The information contained within this Announcement is deemed by the Company to
constitute inside information stipulated under the Market Abuse Regulation
(EU) No. 596/2014 which forms part of English law by virtue of the European
Union (Withdrawal) Act 2018, as amended. Upon the publication of this
announcement via the Regulatory Information Service, this inside information
is now considered to be in the public domain.
15 September 2025
Fiinu Plc
("Fiinu", the "Company" or the "Group")
Equity Fundraise
Fiinu Plc (AIM: BANK), is pleased to announce that it has entered into
subscription agreements to raise gross proceeds of up to £900,000 through the
issue of 4,500,000 new ordinary shares at 20 pence per share (the
"Subscription Shares"). The Subscription Shares will be issued, in response to
market demand, and the funds raised will be utilised to provide additional
working capital for the Group.
The fundraising is subject to the Subscription Shares being admitted to
trading on AIM ("Admission"). The Company has the authority to issue and allot
the Subscription Shares pursuant to certain existing shareholder authorities
granting such powers to the directors at the Company's Annual General Meeting
held on 26 June 2025.
The issue price of the Subscription Shares represents a 33 per cent premium to
the issue price for the subscription announced on 2 September 2025.
Application will be made for the Subscription Shares, which will rank pari
passu with the existing ordinary shares, to be admitted to trading on AIM.
Admission is expected to occur on or around 22 September 2025.
Further announcements will be made as appropriate.
The Directors of the Company are responsible for the release of this
announcement
*ENDS*
For further information, please contact:
Fiinu Plc Tel: +44 (0) 1932 629 532
Dr. Marko Sjoblom - CEO
SPARK Advisory Partners Limited (Nomad) Tel: +44 (0) 203 368 3550
Mark Brady/Jade Bayat
SP Angel Corporate Finance LLP (Joint Broker) Tel: +44 (0) 207 47 0470
Bruce Fraser/Ezgi Senturk
Oberon Investment Limited (Joint Broker) Tel: +44 (0)203 179 5300
Nick Lovering/ Adam Pollock/ Mike Seabrook
Brazil (Financial PR) Tel: +44 (0) 207 785 7383
Joshua van Raalte /Jamie Lester/Christine Webb
For more information, please visit www.fiinuplc.com (http://www.fiinuplc.com)
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