REG - Fiinu PLC - Equity Fundraise

FiinuAnnouncement

Tue 07:00

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RNS Number : 6239X  Fiinu PLC  02 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.

 

2 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 £1,410,000 through
the issue of 9,400,000 new ordinary shares at 15 pence per share (the
"Subscription Shares"). The Subscription Shares will be issued to
institutional and other investors, in response to market demand, and the funds
raised will be utilised to provide additional working capital.

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.

A significant portion of the fundraise will be subscribed by QVP, a
Luxembourg-based fund, which actively invests in innovative businesses and is
dedicated to helping local entrepreneurs both perfect their products and scale
up internationally. The fund has built a strong presence, especially in
Poland, demonstrating a successful track record of identifying and supporting
growth opportunities in key European tech markets.

The issue price of the Subscription Shares represents a 50 per cent. premium
to the subscription announced on 6 August 2025, in connection with the reverse
takeover of Everfex P.S.A., and mirrors the issue price of the major facility
settlement announced on 1 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 17 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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