Result of WRAP Retail Offer & Total Voting Rights

Result of WRAP Retail Offer

Total Voting Rights

Built Cybernetics (AIM: BUC), the smart buildings group, is pleased to confirm, further to the announcements made on 30 April 2026, the result of its fundraising at the Issue Price of 1.5 pence per share. The Company announces that it has raised aggregate gross proceeds of approximately £78,520 pursuant to the WRAP Retail Offer. Accordingly, the Company will issue a total of 5,234,659 new Ordinary Shares at the Issue Price pursuant to the WRAP Retail Offer.

In total, the Placing and Subscription and the WRAP Retail Offer have therefore raised gross proceeds of approximately £0.65 million for the Company, via the Placing and Subscription of 37,999,994 new Ordinary Shares and the 5,234,659 WRAP Retail Offer Shares.

Admission and Total Voting Rights

Application has been made for a total of 28,999,995 new Ordinary Shares in relation to the Placing and Subscription (the "First Tranche Shares") to be admitted to trading on AIM and it is expected that their admission to AIM will take place at 0800 today, 8 May 2026 ("First Admission").

Upon First Admission, the Company's issued ordinary share capital will consist of 384,459,564 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from First Admission the total number of Ordinary Shares and voting rights in the Company will be 384,459,564. With effect from First Admission, this figure may be used by Shareholders in the Company 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.

The issue of the WRAP Retail Offer Shares plus 8,999,999 new Ordinary Shares in relation to the Placing and Subscription (together the "Second Tranche Shares"), will be conditional upon, inter alia, the passing of certain resolutions (granting the Directors authority to issue and allot new ordinary shares otherwise than on a non-pre-emptive basis) to be put to shareholders of the Company at the annual general meeting of the Company on 22 May 2026, whereby such authority will be utilised by the Directors to enable the issue of the Second Tranche Shares. The issue of the Second Tranche Shares will also be conditional, inter alia, on admission of the Second Tranche Shares to trading on AIM ("Second Admission"). Application will be made for the Second Tranche Shares to be admitted to trading on AIM and it is expected that Second Admission will take place on or around 26 May 2026.

Upon Second Admission, the Company's issued ordinary share capital will consist of 398,694,222 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Second Admission the total number of Ordinary Shares and voting rights in the Company will be 398,694,222. With effect from Second Admission, this figure may be used by Shareholders in the Company 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.

The new Ordinary Shares to be issued pursuant to the WRAP Retail Offer will be issued free of all liens, charges and encumbrances and will, on Admission, rank pari passu in all respects with the new Ordinary Shares to be issued pursuant to the Placing and Subscription and the Company's existing Ordinary Shares.

Terms used but not defined in this announcement have the same meaning as set out in the Company's announcement released at 07:01 on 30 April 2026.

Further information on the Company can be found on its website at www.builtcybernetics.com

The Company's LEI is 213800WWNHLPUBSUK220.