REG - RC Fornax plc - Result of Retail Offer

RC FornaxAnnouncement

17/11/2025 10:15

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RNS Number : 7990H  RC Fornax plc  17 November 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW
PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED ("UK MAR").

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON
LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE,
PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO
THE UNITED STATES, CANADA OR JAPAN.

 

17 November 2025

 

RC Fornax plc

("RC Fornax" or the "Company")

Result of Retail Offer

 

On 14 November 2025, RC Fornax (AIM: RCFX) announced the launch of a
fundraising comprising a Placing in conjunction with a Retail Offer via
RetailBook. The Retail Offer completed and closed at 7.30 a.m. today, with
1,197,131 New Shares to be issued at the Issue Price of 6 pence per Ordinary
Share.

Following the close of the Retail Offer, the Company has conditionally raised
gross proceeds of approximately £2.32 million at the Issue Price via the
Fundraising. The Company will therefore issue and allot a total of 38,697,131
New Shares.

The Retail Offer is conditional upon the Fundraising resolutions being duly
passed without amendment at the Company's General Meeting to be held on 5
December 2025 and Admission becoming effective at 8.00 a.m. on or around 8
December 2025, but in any event not later than the Longstop Date.

Capitalised terms used in this announcement shall, unless defined in this
announcement or unless the context provides otherwise, bear the same meaning
ascribed to such terms in the Company's announcement's released at 4.40 p.m.
on 14 November 2025.

Admission and Total Voting Rights

Application will be made to the London Stock Exchange for the 38,697,131 New
Shares to be admitted to trading on AIM. Admission is expected to take place
and dealings in the New Shares are expected to commence at 8.00 a.m. on or
around 8 December 2025, at which time it is also expected that the New Shares
will be enabled for settlement in CREST. The New Shares will rank pari passu
with the existing Ordinary Shares.

Following Admission, the Company's total issued share capital will consist of
95,942,718 Ordinary Shares, with no shares held in treasury. Therefore, on
Admission, this figure may be used by Shareholders as the denominator for the
calculation by which they will determine if they are required to notify their
interest in, or a change to their interest in, or a change to their interest
in, the share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

Enquiries:

 RC Fornax PLC                                 +44 (0) 117 486 3636

 Paul Reeves, CEO                              info@rcfornax.co.uk

 Rob Shepherd, CFO

 RetailBook Limited                            capitalmarkets@retailbook.com (mailto:capitalmarkets@retailbook.com)

 Michael Ward / Fahim Chowdhury / James Deal

 Strand Hanson Limited (Nominated Adviser)     +44 (0) 20 7409 3494

 Christopher Raggett

 Rob Patrick

 Harry Marshall

 Cavendish Capital Markets Limited (Broker)    +44 (0) 20 7220 0500

 George Lawson - Corporate Finance

 Dale Bellis / Harriet Ward - Sales and ECM

 BlytheRay (Financial PR & IR)                 +44 (0) 20 7138 3204

 Megan Ray

 Tim Blythe

 Said Izagaren

 

Notes:

References to times in this Announcement are to London time unless otherwise
stated.

The times and dates mentioned throughout this Announcement may be adjusted by
the Company in which event the Company will make an appropriate announcement
to a Regulatory Information Service giving details of any revised dates and
the details of the new times and dates will be notified to London Stock
Exchange plc (the "London Stock Exchange") and, where appropriate,
Shareholders. Shareholders may not receive any further written communication.

IMPORTANT INFORMATION

This Announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America. This Announcement is not
an offer of securities for sale into the United States. The securities
referred to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in the
United States, except pursuant to an applicable exemption from registration.
No public offering of securities is being made in the United States.

This Announcement and the information contained herein, is restricted and is
not for publication, release or distribution, directly or indirectly, in whole
or in part, in or into Australia, Canada, the Republic of South Africa, Japan
or any other jurisdiction in which such publication, release or distribution
would be unlawful.  Further, this Announcement is for information purposes
only and is not an offer of securities in any jurisdiction.

 

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