Subscription to raise £204,000

Milton Capital PLC

27 March 2026

 

Milton Capital Plc

("Milton" or the "Company")

Subscription to raise £204,000

Milton Capital Plc announces that it has conditionally raised gross proceeds of £204,000 via binding commitments under a subscription (the "Subscription"). Under the Subscription, the Company will issue of 81,600,000 new ordinary shares ("Fundraising Shares") to a range of new and existing investors and the directors of the Company, at an issue price of 0.25 pence.  Both directors of the Company have participated in the Subscription, Richard Mays has subscribed for 2,000,000 Fundraising Shares and Nicholas Pillar has subscribed for 3,200,000 Fundraising Shares. Following the issue of the Fundraising Shares, the directors' interests will be:

Richard Mays	8,500,000	4.02%
Nick Pillar	5,700,000	2.70%

AlbR Capital Limited, the Company's Broker, acted as the Company's placing agent in respect of the Subscription.

Richard Mays, Chairman: "This additional funding   places the Company in an enhanced position to search for and attract a value accretive reverse take-over ("RTO"). The proceeds of the Subscription will be used to further bolster the Company's balance sheet as we actively engage with the increasing number of third parties who see Milton as a demonstrably clean, deliverable, and a well-capitalised RTO vehicle."

Admission and Total Voting Rights 

The Fundraising Shares will rank pari passu with the existing ordinary shares of 0.1 pence each ("Ordinary Shares"). The Company will make application to the Financial Conduct Authority ("FCA") and the London Stock Exchange ("LSE") to have the 81,600,000 Fundraising Shares admitted to the equity shares (shell companies) category of the Official List of the FCA and to trading on the main market for listed securities of the LSE ("Admission"), with Admission expected to occur on or around 1^st April 2026. On Admission of the Fundraising Shares, the Company's issued share capital will comprise 211,500,000 Ordinary Shares, with each Ordinary Share carrying the right to one vote. Accordingly, the total number of voting rights in the Company will be 211,500,000 and this figure may be used by shareholders 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. 

This announcement contains information which, prior to its disclosure, was inside information for the purpose of the Market Abuse Regulation (as in force in the United Kingdom).

Enquiries:

Milton Capital

Richard Mays, Chairman 

AlbR Capital Limited (Corporate Broker)

Tel: [phone]

 Tel: [phone]

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	Richard Mays
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Milton Capital Plc
b)	LEI	213800HP1JUEEDRXTV09
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 £0.001 each  ISIN:      GB00BMWLC750
b)	Nature of the transaction	Subscription
c)	Price(s) and volume(s)	2,000,000 Ordinary Shares at £0.0025 pence per share
d)	Aggregated information  - Aggregated volume  - Price
e)	Date of the transaction	27 March 2026
f)	Place of the transaction	Main Market

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	Nicholas Pillar
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Milton Capital Plc
b)	LEI	213800HP1JUEEDRXTV09
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 £0.001 each  ISIN:      GB00BMWLC750
b)	Nature of the transaction	Subscription
c)	Price(s) and volume(s)	3,200,000 Ordinary Shares at £0.0025 pence per share
d)	Aggregated information  - Aggregated volume  - Price
e)	Date of the transaction	27 March 2026
f)	Place of the transaction	Main Market

 

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