£470,000 Raised through Convertible Loan Notes and £155,000 Raised through Issue of Equity

Summary by AI BETAClose X

Mollyroe plc has successfully raised a total of £625,000 through a combination of financing activities. The company secured £470,000 from the issuance of zero interest convertible loan notes (CLNs) which are convertible into ordinary shares at £0.0025 each and include warrants exercisable at the same price. Additionally, Mollyroe raised £155,000 through the issuance of 62,000,000 new ordinary shares at £0.0025 per share. Directors participated significantly in both the CLN and equity raises, with the Chief Executive Officer contributing £125,000 to the CLNs, and an Executive Director and Non-Executive Director each contributing £35,000 to CLNs and £65,000 to the equity subscription. Following these transactions, the company will have 224,275,480 ordinary shares in issue.

Disclaimer*

Mollyroe plc

("Mollyroe" or the "Company")

 

£470,000 Raised through Convertible Loan Notes

 

£155,000 Raised through Issue of Equity

 

 

Mollyroe is pleased to announce that it has raised £470,000 through the issue of zero interest convertible loan notes (“CLNs”) to a group of investors. The CLNs are convertible into ordinary shares of 0.01 pence (“Ordinary Shares”) at 0.25 pence per share, unless redeemed after 9 months maturity. The CLNs attract an immediate one for one warrant, exercisable at 0.25 pence per share, equating to 188 million Ordinary Shares in the event all the warrants are exercised, and valid for a period of 5 years from the date of grant. Any warrant exercises will be subject to passing of resolutions allowing the directors’ the necessary authority to allot Ordinary Shares outside the right of pre-emption, at the next Annual General Meeting or General Meeting to be held.

 

The Directors contributed to the CLNs:

Director

 

£ participation to CLNs

Conversion Price £

Darren Hopkins, Chief Executive Officer

 

£125,000

Converts at £0.0025

Paul Ryan, Executive Director

 

£35,000

Converts at £0.0025

Noel Lyons, Non-Executive Director

 

£35,000

Converts at £0.0025

 

 

Further, the Company has raised £155,000 through the issue of 62,000,000 new Ordinary Shares at 0.25 pence per share (“Subscription”) (“Subscription Shares”).

 

The Directors contributed in the Subscription:

Director

 

Participation in Subscription £

Subscription Shares

% Enlarged

Paul Ryan, Executive Director

 

£65,000

26,000,000

12.87%

Noel Lyons, Non-Executive Director

 

£65,000

26,000,000

12.87%

 

 

Admission and Total Voting Rights

An application will be made for the admission to trading on the Aquis Stock Exchange Growth Market of the Subscription Shares, with admission anticipated on or around 8 April 2026 (" Admission ").

 

On Admission, the Company will have 224,275,480 Ordinary Shares in issue, each with one voting right. The Company does not hold any shares in treasury and therefore the total number of voting rights in the Company is 224,275,480. This figure should be used by shareholders from Admission 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.

 

The Directors of the Company accept responsibility for the content of this announcement.

 

Enquiries

 

Company

Paul Ryan - Executive Director      

mollyroeplc@gmail.com

 

AlbR Capital Limited   - Financial Adviser and Corporate Broker

+ 44 (0) 20 7469 0930

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons   closely associated   with them.  

1  

Details of the person discharging managerial responsibilities / person   closely associated  

a)  

Name  

Paul Ryan  

2  

Reason for the notification  

a)  

Position/status  

Executive   Director  

b)  

Initial notification /Amendment  

 

Initial  

3  

Details of the issuer, emission allowance market participant, auction platform,   auctioneer   or auction monitor  

a)  

Name  

Mollyroe Plc  

b)  

LEI  

2138004RJPGI4RW8HI19  

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  

Identification code  

Ordinary Shares of £0.0001 each  

 

 

ISIN:      GB00BRC0TZ46

b)  

Nature of the transaction  

Participation in CLNs and Subscription  

c)  

Price(s) and volume(s)  

  CLNs: £35,000 convertible at £0.0025 per share

  Subscription: £0.0025 per share for 26,000,000 shares

d)  

Aggregated information  

- Aggregated volume  

- Price  

 

e)  

Date of the transaction  

  31 March 2026

f)  

Place of the transaction  

Aquis   Growth Market  

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons   closely associated   with them.  

Details of the person discharging managerial responsibilities / person   closely associated  

Name  

Noel Lyons

Reason for the notification  

Position/status  

Non-Executive   Director  

Initial notification /Amendment  

 

Initial  

Details of the issuer, emission allowance market participant, auction platform,   auctioneer   or auction monitor  

Name  

Mollyroe Plc  

LEI  

2138004RJPGI4RW8HI19  

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  

Description of the financial instrument, type of instrument  

Identification code  

Ordinary Shares of £0.0001 each  

 

 

ISIN:      GB00BRC0TZ46

Nature of the transaction  

Participation in CLNs and Subscription  

Price(s) and volume(s)  

  CLNs: £35,000 convertible at £0.0025 per share

  Subscription: £0.0025 per share for 26,000,000 shares

Aggregated information  

- Aggregated volume  

- Price  

 

Date of the transaction  

  31 March 2026

Place of the transaction  

  Aquis   Growth Market  

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons   closely associated   with them.  

Details of the person discharging managerial responsibilities / person   closely associated  

Name  

Darren Hopkins

Reason for the notification  

Position/status  

Chief Executive   Officer  

Initial notification /Amendment  

 

Initial  

Details of the issuer, emission allowance market participant, auction platform,   auctioneer   or auction monitor  

Name  

Mollyroe Plc  

LEI  

2138004RJPGI4RW8HI19  

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  

Description of the financial instrument, type of instrument  

Identification code  

Ordinary Shares of £0.0001 each  

 

 

ISIN:      GB00BRC0TZ46

Nature of the transaction  

Participation in CLNs and Subscription  

Price(s) and volume(s)  

  CLNs: £125,000 convertible at £0.0025 per share

 

Aggregated information  

- Aggregated volume  

- Price  

 

Date of the transaction  

  31 March 2026  

Place of the transaction  

  Aquis   Growth Market  

 




Companies

Mollyroe plc (MOY)
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