REG - Pristine Capital PLC - Corporate Update

Pristine CapitalAnnouncement

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RNS Number : 0803U  Pristine Capital PLC  24 February 2026

 

Pristine Capital Plc / EPIC: PRIS / Market: LSE

 

24 February 2026

 

PRISTINE CAPITAL PLC

("Pristine" or the "Company")

 

Corporate update

 

Pristine Capital Plc, the Main Market cash shell focusing on the real estate
sector, provides the following corporate update.

 

Further to the announcement on 12 December 2025, Pristine continues to
consider its legal options with regards to the possible breach of commercial
confidentiality by one of the prospective investors that was introduced in
connection with the Company's Proposed Acquisition and the associated
Fundraise.

 

The directors of Pristine ("Directors") have meanwhile been in discussions
with the Company's advisers in connection with the Proposed Acquisition to
seek to finalise any abort fees and therefore determine the financial position
of the Company. Whilst the final abort fees are to be agreed, creditors have
indicated that they would be accommodating as to the timing and amounts due.
In addition, the Company has had initial discussions with a number of
shareholders and other parties who have indicated that they would be willing
to support an equity raise for the Company.

 

The Company will be required to raise additional funds before it is able to
publish its annual report and accounts for the year ended 31 October 2025 (the
"FY25 Accounts") and, at this stage, the Directors do not believe that this
will be concluded prior to the FY25 Accounts publication deadline of 28
February 2026. The listing of the Company's shares will therefore remain
suspended until such time that the FY25 Accounts have been published. Further
announcements will be made in due course.

 

Defined terms in this announcement shall have the same meaning as set out in
the Company's announcement on 12 December 2025, unless otherwise defined
herein.

 

For further information please visit www.pristinecapitalplc.com
(http://www.pristinecapital.co.uk) or contact:

 Pristine Capital plc                          Tel: +44 (0) 20 3988 0227

 Neil Sinclair, Executive Chairman

 Allenby Capital Limited (Broker)              Tel: +44 (0)20 3328 5656

 Nick Naylor/James Reeve (Corporate Finance)

 Amrit Nahal (Sales & Corporate Broking)

 

 

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