Equity fundraise of £3.7 million
Summary by AI BETAClose X
28 August 2025
Intuitive Investments Group plc
("IIG" or the "Company")
Equity fundraise of £3.7 million
IIG is pleased to announce an equity fundraise of £3,654,180 by the issue and allotment of 3,654,180 ordinary shares of 10 pence each ("Ordinary Shares"), fully paid (together, the "New Ordinary Shares"). These New Ordinary Shares will be issued for cash at a price of £1.00 per share in line with the equity fundraise announced on 11 June 2025.
As with the previous recent fundraises, the proceeds of the issue will be invested in Hui10 Inc. ("Hui10"), a technology company leading the digital transformation of the Chinese lottery and IIG's largest investment, to accelerate the nationwide rollout of its products and services in China.
Application has been made for the New Ordinary Shares, which will rank equally with the existing Ordinary Shares of the Company, to be admitted to trading on Specialist Fund Segment of the Main Market, becoming effective in accordance with the admission and disclosure standards of the London Stock Exchange. It is expected that admission will become effective and dealings in New Ordinary Shares will commence at 8:00 a.m. on or around 2nd September 2025 ("Admission").
Following Admission, the Company's issued share capital will consist of 218,205,672 Ordinary Shares. Since the Company currently holds no shares in treasury, the total number of voting rights in the Company will be 218,205,672. Shareholders may use this figure 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.
Enquiries:
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Intuitive Investments Group plc Sir Nigel Rudd, Non-Executive Chairman Giles Willits, CEO
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Via FTI Consulting |
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Zeus Nick Cowles / Graeme Summers / Dominic King |
+44 (0)20 3829 5000 |
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FTI Consulting Jamie Ricketts / Valerija Cymbal / Jemima Gurney |
+44 (0)20 3727 1000 IIG@fticonsulting.com |
About Intuitive Investments Group plc
IIG is an investment company seeking to provide investors with exposure to a portfolio concentrating on fast growing and / or high potential technology and life sciences businesses operating predominantly in the UK, continental Europe, the US and APAC, utilising the Board's experience to seek to generate capital growth over the long term for shareholders.
About Hui10
Hui10 is a technology company involved in the digital transformation of the Chinese lottery. It's platform unlocks the market expansion of the Chinese lottery through increasing the number of people playing lottery from the current 10% participation level to target more than 30%. Hui10's platform is integrated into China's national interbank card settlement system and payment platform, UnionPay. Lucky World is an omnichannel commerce platform which provides China's existing 200,000 lottery only shops access to a wider fastmoving consumer goods product offering through its growing number of commercial partnerships with leading Chinese suppliers. Lucky World provides a solution for brands to tackle the global counterfeit crisis using its integrated Lottery HongBao digital solution with incentives, helping to build brand loyalty and trust.
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