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RNS Number : 9523W Intuitive Investments Group plc 28 August 2025
28 August 2025
Intuitive Investments Group plc
("IIG" or the "Company")
Equity fundraise of £3.7 million
IIG is pleased to announce an equity fundraise of £3,654,180 by the issue and
allotment of 3,654,180 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 in line with the equity
fundraise announced on 11 June 2025.
As with the previous recent fundraises, the proceeds of the issue will be
invested in Hui10 Inc. ("Hui10"), a technology company leading the digital
transformation of the Chinese lottery and IIG's largest investment, to
accelerate the nationwide rollout of its products and services in China.
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 2(nd) September
2025 ("Admission").
Following Admission, the Company's issued share capital will consist
of 218,205,672 Ordinary Shares. Since the Company currently holds no shares
in treasury, the total number of voting rights in the Company will
be 218,205,672. 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
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.
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