Issue of Equity

Summary by AI BETAClose X

Beacon Rise Holdings PLC announced advanced subscription agreements to raise approximately £0.22 million in gross proceeds. The net proceeds will be used for transaction fees related to proposed acquisitions and admission, as well as for working capital. The company has conditionally agreed to issue 138,851 new ordinary shares at a price of £1.60 pence per share. The issuance is conditional upon the company having the necessary authorities and the new Public Offers and Admissions to Trading Regulations 2024 becoming effective, expected on 19 January 2026.

Disclaimer*

Beacon Rise Holdings PLC
16 October 2025
 

16 October 2025

 

BEACON RISE HOLDINGS PLC

 

("Beacon Rise" or the "Company")

 

Advanced subscription agreements to raise approximately £0.22 million

 

Further to the Company's announcement on 26 September 2025, the board of directors of Beacon Rise (the "Board" or the "Directors") is pleased to announce that the Company has entered into advanced subscription agreements (the "ASA") with new and existing investors to raise gross proceeds of approximately £0.22 million (the "ASA Funds").

 

It is intended that the net 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 subscribers 138,851 new ordinary shares of £1 each in the Company ("Ordinary Shares") at a price of £1.60 pence per new Ordinary Share (the "Issue Price").

 

The issuance of the 138,851 new Ordinary Shares is conditional, inter alia, upon the Company having the requisite authorities to issue the new Ordinary Shares as well as the new Public Offers and Admissions to Trading Regulations 2024 becoming effective, which is expected to be implemented on 19 January 2026. 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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