Issue of Equity
Beacon Rise Holdings PLC announced the issuance of 250,000 new ordinary shares with a par value of £1.00 each. The shares were issued at a price of £1.60 per share. The company has applied for admission of these shares to the Official List of the FCA and to trading on the London Stock Exchange, with admission expected around October 1, 2025. Following admission, the company's total number of ordinary shares in issue and voting rights will be 1,550,333.
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The board of directors (the "Board") of Beacon Rise announces that it has issued 250,000 new ordinary shares of £1.00 each in the share capital of the Company (the "Ordinary Shares") at a price of £1.60 per new Ordinary Share (the "Issue Price").
Admission
Applications will be made: (i) to the UK's Financial Conduct Authority (the "FCA") for the admission of the 250,000 new Ordinary Shares to trading on the equity shares (shell companies) category of the Official List of the FCA; and (ii) to trading on the London Stock Exchange for the admission of the 250,000 new Ordinary Shares to trading on its main market for listed securities (together, "Admission"). Admission is expected to take place at 8.00 a.m. on or around 1 October 2025.
Total voting rights
Immediately following Admission, the Company will have 1,550,333 ordinary shares of £1.00 each in issue, each with one voting right. There are no shares held in treasury. Therefore, the Company's total number of ordinary shares in issue and voting rights will be 1,550,333 and this figure may be used by shareholders from Admission 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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.