Result of Retail Offer & Total Voting Rights

Windar Photonics PLC

17 September 2026

 

17 September 2026

("Windar" or the "Company")

Result of Over-Subscribed Retail Offer

and

Total Voting Rights

Windar (AIM: WPHO), the wind energy technology company specialising in LiDAR‑based wind measurement and turbine performance optimisation, is pleased to announce that the Retail Offer successfully completed and closed at 4:30 p.m. on 16 September 2026, having been over-subscribed and conditionally raising £300,000 through the issue of 6,000,000 new Ordinary Shares (the “Retail Offer Shares”) at 5 pence per Retail Offer Share (the “Issue Price”).

Each Retail Offer Share carries an entitlement to one warrant for every Retail Offer Share subscribed. Each warrant (the "Retail Offer Warrants") entitles the holder to subscribe for one Ordinary Share at an exercise price of 10 pence per Ordinary Share and is exercisable for a period of three years from admission of the First Retail Offer Shares to trading on AIM (28 August 2026). The Retail Offer Warrants will not be admitted to trading on AIM.

The issue of the Retail Offer Shares and the granting of the Retail Offer Warrants are conditional upon the passing of certain resolutions to be put to shareholders of the Company at its annual general meeting to be held on 30 September 2026 (the "AGM").

The Retail Offer is conditional on the Retail Offer Shares being admitted to trading on the AIM market operated by the London Stock Exchange.

Admission and Total Voting Rights

Application has been made to London Stock Exchange plc for the admission to trading on AIM of the Retail Offer Shares (“Admission”). It is expected that Admission will become effective and dealings will commence at 8:00 a.m. on or around 1 October 2026.

Upon Admission, the Company's issued ordinary share capital will consist of 206,636,774 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 206,636,774. With effect from Admission, this figure may be used by shareholders in the Company 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 Retail Offer Shares will be issued free of all liens, charges and encumbrances and will, on Admission, rank pari passu in all respects with the New Ordinary Shares to be issued pursuant to the Placing, the Direct Subscription and the Directors' Intended Subscription and the Company's existing Ordinary Shares.

For further information, please contact:

Windar Photonics plc	Via Novella
Andreas Berg Nielsen, CEO	Tel:  [phone]
Zeus (Nominated Adviser and Broker)	Tel: [phone]
David Foreman / James Bavister (Investment Banking)
Nick Searle (Head of Equity Capital Markets)
Novella Communications	Tel: [phone]
Tim Robertson / Oliver Norton

 

END