REG - Sundae Bar PLC - Notice of AGM and Award of Consultant Warrants

Sundae BarAnnouncement

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RNS Number : 0771A  Sundae Bar PLC  10 April 2026

For immediate release

10 April 2026

Sundae Bar PLC

 ("sundae_bar" or the "Company")

Notice of AGM and Award of Consultant Warrants

Sundae Bar Plc (AIM: SBAR), the enterprise platform deploying AI agents for
business, announces that the Annual General Meeting ("AGM") of the Company
will be held on 6 May 2026 at 11:00 a.m. at the offices of the Company's
Solicitors, Druces LLP, 6th Floor, 99 Gresham Street, London, EC2V 7NG.

A notice of AGM, together with the form of proxy and the Annual Report and
Financial Statements for the year ended 30th September 2025, are being sent to
the shareholders of the Company ("Shareholders") today. The notice of AGM will
also be shortly available for inspection on the Company's website at
https://corporate.sundaebar.ai/ (https://corporate.sundaebar.ai/)

Full details of the AGM are set out in the notice of AGM.

 

Award of Consultant Warrants

The Company also announces that it has awarded in total 7,000,000 warrants
over ordinary shares of 0.1p each (the "Ordinary Shares") to consultants
exercisable at a price of 8 pence per Ordinary Share (the "2026 Consultant
Warrants").

Further details of the 2026 Consultant Warrants:

-     Effective date: 2(nd) April 2026

-   Vesting date: 50% vesting after 12 months from the effective date and 50%
after 24 months from the effective date

-     Expiry date: 1(st) April 2031

-     Exercise price: 8 pence (or such adjusted price as may be determined
in certain circumstances, for example in an event of sub-division or share
consolidation)

-    The 2026 Consultant Warrants lapse when warrantholder ceases to provide
consultancy services to the Company

 

For further information, please visit https://corporate.sundaebar.ai/
(https://corporate.sundaebar.ai/) or contact:

 Sundae Bar PLC                 Jill Kenney                         +44 (0) 20 3004 9512
 Beaumont Cornish Limited       Roland Cornish & Asia Szusciak      +44 (0) 20 7628 3369

 (Nominated Adviser)
 Clear Capital Markets Limited  Bob Roberts                         +44 (0) 20 3869 6080

 (Broker)

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

About sundae_bar

Following its successful AIM admission in June 2025, sundae_bar is building
the go-to commercial platform for AI agents in business.

The Company is developing a continuously improving generalist AI agent and
operates a live enterprise marketplace where businesses can access specialised
AI agents designed to perform operational work.

At the centre of the ecosystem is a continuously improving generalist AI
agent, designed and benchmarked through Subnet 121 (SN121), the Company's
decentralised evaluation environment on the Bittensor network. Global
developers compete to enhance the agent against structured, real-world
challenges, with validated improvements incorporated into a single production
model.

Alongside this, the sundae_bar marketplace provides businesses with access to
a growing catalogue of specialised AI agents across key operational functions,
enabling businesses to discover, deploy and manage AI agents through a single
integrated environment.

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