REG - Intuitive Invests.Gp - Equity fundraise of £9.6 million

Intuitive InvestmentsAnnouncement

Wed 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250611:nRSK2921Ma&default-theme=true

RNS Number : 2921M  Intuitive Investments Group plc  11 June 2025

11 June 2025

Intuitive Investments Group plc

("IIG" or the "Company")

Equity fundraise of £9.6 million

Funds to accelerate the rollout of Hui's technology and platforms in China

IIG has raised c.£20 million to support the rollout of Hui10 since October
2023

IIG is pleased to announce an equity fundraise of £9,583,740 by the issue and
allotment of 9,583,740 ordinary shares of 10 pence each ("Ordinary Shares"),
fully paid (together, the "New Ordinary Shares"). These New Ordinary Shares
will be issued for cash at a price of £1.00 per share.

The proceeds of the issue will be invested in Hui10 Inc. ("Hui10"), a
technology company leading the digital transformation of the Chinese lottery,
to accelerate the nationwide rollout of its products and services in China.

As part of the fundraise, Sir Nigel Rudd, Non-Executive Chairman of IIG, has
subscribed for 140,000 New Ordinary Shares, taking the total number of shares
he holds to 1,917,027, representing 0.9% of the Company's issued share
capital, post admission of the New Ordinary Shares.

Application has been made for the New Ordinary Shares, which will rank equally
with the existing Ordinary Shares of the Company, to be admitted to trading
on Specialist Fund Segment of the Main Market, becoming effective in
accordance with the admission and disclosure standards of the London Stock
Exchange. It is expected that admission will become effective and dealings in
New Ordinary Shares will commence at 8:00 a.m. on or around 16 June 2025
("Admission").

Following Admission, the Company's issued share capital will consist
of 214,551,492 Ordinary Shares. Since the Company currently holds no shares
in treasury, the total number of voting rights in the Company will
be 214,551,492. Shareholders may use this figure as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.

Enquiries:

 Intuitive Investments Group plc                    www.iigplc.com (http://www.iigplc.com/)

 Sir Nigel Rudd, Non-Executive Chairman             Via FTI Consulting

 Giles Willits, CEO

 Zeus                                               +44 (0)20 3829 5000

 Nick Cowles / Graeme Summers / Dominic King

 FTI Consulting                                     +44 (0)20 3727 1000

 Jamie Ricketts / Valerija Cymbal / Jemima Gurney   IIG@fticonsulting.com

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Nigel Rudd
 2    Reason for the notification
 a)   Position/status                                              Non-Executive Chairman
 b)   Initial notification /Amendment                              Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Intuitive Investments Group plc
 b)   LEI                                                          2138004A32UIY92WWR66
 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary shares of 10 pence each

                                                                   ISIN: GB00BPTH6Y20
 b)   Nature of the transaction                                    Subscription of shares
 c)   Price(s) and volume(s)                                       Price(s)                        Volume(s)

                                                                   £1.00                            140,000
 d)   Aggregated information:                                      N/A single transaction

      Aggregated volume:                                           Price(s)                        Volume(s)

      Price:                                                       £1.00                            140,000
 e)   Date of the transaction                                      16 July 2025
 f)   Place of the transaction                                     London Stock Exchange

 

About Intuitive Investments Group plc

IIG is an investment company seeking to provide investors with exposure to a
portfolio concentrating on fast growing and / or high potential technology and
life sciences businesses operating predominantly in the UK, continental
Europe, the US and APAC, utilising the Board's experience to seek to generate
capital growth over the long term for shareholders.

About Hui10

Hui10 is a technology company involved in the digital transformation of the
Chinese lottery. It's platform unlocks the market expansion of the Chinese
lottery through increasing the number of people playing lottery from the
current 10% participation level to target more than 30%. Hui10's platform is
integrated into China's national interbank card settlement system and payment
platform, UnionPay. Lucky World is an omnichannel commerce platform which
provides China's existing 200,000 lottery only shops access to a wider
fastmoving consumer goods product offering through its growing number of
commercial partnerships with leading Chinese suppliers. Lucky World provides a
solution for brands to tackle the global counterfeit crisis using its
integrated Lottery HongBao digital solution with incentives, helping to build
brand loyalty and trust.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEPKKBBKBKBAAD