Ad Doc Published and Restoration of Trading
Admission Document published for Everfex reverse takeover and share subscription; trading to resume 8 August.
- Subscription shares 8,010,000 ordinary shares at 10p per share
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The Directors of Fiinu Plc (AIM: BANK) are pleased to announce that further to the close of the conditional Subscription ("Subscription"), and the signing of a number of agreements announced earlier today, Fiinu has published an Admission Document which sets out information on, inter alia, the proposed acquisition of Everfex P.S.A. ("Everfex") (which constitutes a reverse takeover under AIM Rule 14) and the conditional Subscription for 8,010,000 ordinary shares at 10p per share
The Admission Document, Notice of General Meeting and Form of Proxy have been despatched to Fiinu shareholders. The Admission Document and Notice of Meeting are available to download from the Company's website at www.fiinuplc.com. Copies of these documents will also be available free of charge to the public during normal business hours on any day (Saturdays, Sundays and public holidays excepted) at the offices of SPARK Advisory Partners Limited, at 5 St John's Lane, London, EC1M 4BH.
A general meeting, where shareholders can consider the proposals set out in the Admission Document, has been convened for 11.00 a.m. on 26 August 2025 at the offices of Fladgate LLP, 16 Great Queen Street, London WC2B 5D. The expected timetable of principal events is set out below.
As a result of the publication of the Admission Document, the Company expects trading in its ordinary shares to be restored on the AIM market at 7.30 a.m. tomorrow morning, 8 August 2025.
Further announcements will be made as appropriate.
| Fiinu Plc Dr. Marko Sjoblom - CEO | Tel: +44 (0) 1932 629 532 |
| SPARK Advisory Partners Limited (Nomad) Mark Brady/Jade Bayat | Tel: +44 (0) 203 368 3550 |
| SP Angel Corporate Finance LLP (Joint Broker) Bruce Fraser/Ezgi Senturk | Tel: +44 (0) 207 470 0470 |
| Oberon Investments Limited (Joint Broker) Nick Lovering/ Adam Pollock/ Mike Seabrook | Tel: +44 (0)203 179 5300 |
| Brazil (Financial PR) Joshua van Raalte /Jamie Lester/Christine Webb | Tel: +44 (0) 207 785 7383 |
| Expected date of the completion of acquisition of Everfex, issue of consideration shares and subscription shares ("the New Ordinary Shares"), re-admission of the enlarged issued share capital and commencement of dealings on AIM | 8.00 a.m. on 27 August 2025 |
| Expected date for New Ordinary Shares to be credited to CREST accounts | 8.00 a.m. on 27 August 2025 |
| Despatch of definitive certificates for New Ordinary Shares | within 14 days of Admission |
All of the above timings refer to UK time. All future times and/or dates referred to above are subject to change at the discretion of the Company and SPARK.
Any changes to the above dates and times will be communicated by the Company via RIS announcements.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.