Results of Placing
Pre-IPO shareholders placed 10m shares at 50p each, raising £5.0m gross proceeds.
- Shares placed approximately 10 million
- Placing price 50 pence per share
- Gross proceeds approximately £5.0 million
- Percentage of issued share capital approximately 9.4%
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PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.
Results of Placing of ordinary shares in AOTI Inc. ("AOTI")
Further to the announcement released on 30 July 2025, certain pre-IPO shareholders (the "Sellers") announce that pursuant to the Placing, the Sellers have sold, in aggregate, approximately 10 million ordinary shares in the capital of AOTI by way of an accelerated bookbuild to eligible institutional investors at a price of 50 pence per ordinary share, raising gross proceeds of approximately £5.0 million. The Placing Shares represent approximately 9.4 per cent. of AOTI's issued share capital.
The remaining shares held by the Sellers are subject to a 6-month lock up undertaking (subject to waiver by the Sole Bookrunner).
The proceeds of the Placing are payable in cash on usual settlement terms, and closing of the Placing is expected to occur on a T+2 basis on 4 August 2025.
Peel Hunt LLP acted as Sole Bookrunner on the Placing.
AOTI is not party to the Placing and will not receive any proceeds from the Placing.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.