Update on ATM Facility

Summary by AI BETAClose X

Defence Holdings PLC has confirmed that its At-The-Market (ATM) equity issuance facility, executed by Fortified Securities, has performed in line with expectations. The ATM facility has successfully raised gross proceeds of £208,115 for the period ending 24 October 2025, which will provide additional working capital to the company. Following ATM-related sales settled on 27 October 2025, Fortified Securities' shareholding has decreased from 144,927,536 shares (6.08% of issued share capital) to 136,500,000 shares (5.73% of issued share capital). The company believes the facility will play a key role in the growth of its capital.

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