£150k Advanced subscription agreement

Summary by AI BETAClose X

Beacon Rise Holdings PLC has announced an advanced subscription agreement to raise approximately £150,000 in gross proceeds from a new investor. These funds are earmarked for transaction fees related to proposed acquisitions and admission, as well as working capital commitments. The agreement involves the conditional issuance of new ordinary shares at a 15% discount to the issue price of any shares in a contemporaneous equity fundraise, or at £1.80 per share if admission has not occurred by August 28, 2026. The company anticipates this agreement will qualify for the Enterprise Investment Scheme.

Disclaimer*

Beacon Rise Holdings PLC
13 January 2026
 

13 January 2026

 

BEACON RISE HOLDINGS PLC

("Beacon Rise" or the "Company")

 

Advanced subscription agreement to raise approximately £150,000

 

Beacon Rise (LSE: BRS), is pleased to announce that the Company has entered into an advanced subscription agreement (the "ASA") with a new investor to raise gross proceeds of approximately £150,000 (the "ASA Funds").

 

It is intended that the proceeds raised will be used towards a portion of the transaction fees associated with the Proposed Acquisitions, Admission as well as meeting the Company's working capital commitments.

 

Further information in relation to the ASA

 

Pursuant to the terms and conditions of the ASA, the Company has conditionally agreed to issue to the ASA subscriber new ordinary shares of £1 each in the Company ("Ordinary Shares") at a 15 per cent. discount to the issue price of any new Ordinary Shares issued pursuant to any equity fundraise that takes place contemporaneously with Admission. If Admission has not occurred by 28 August 2026, the ASA subscriber will receive new Ordinary Shares at a price of £1.80 pence per new Ordinary Share.

 

The ASA is intended to constitute a qualifying advance subscription agreement for the purpose of the Enterprise Investment Scheme (EIS).

 

The issuance of the new Ordinary Shares is conditional, inter alia, upon the Company obtaining the requisite authorities to issue the new Ordinary Shares. The Company will provide a further update as appropriate.

 

Unless otherwise defined, definitions contained in this announcement have the same meaning as those set out in the announcement released by the Company at 8:11 a.m. on 29 September 2025.

 

Enquiries:

Xiaobing Wang, Director

 

Beacon Rise Holdings Plc

 

Email: info@beaconrise.uk

 

 

LDC Nominee Secretary Limited, Company Secretary

 

Email: beaconrisecss@lawdeb.com

 

 

Legal Entity Identifier (LEI): 2138007PIYMZMBWD4M27

 

 

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