Block Admission application
Caledonian Holdings PLC has applied to the London Stock Exchange for a block admission of 26,010,702 ordinary shares to trading on AIM, effective around July 2, 2026. These shares represent the first tranche to be issued under the company's At the Market Facility with Axis Capital Markets Limited, established to build an integrated financial services group. The newly issued shares will rank equally with existing ordinary shares.
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Caledonian Holdings PLC (AIM: CHP), the AIM quoted investing company focused on building an integrated financial services group, announces that an application has been made to the London Stock Exchange for the block admission of 26,010,702 ordinary shares of nominal value £0.01 each in the Company ("Ordinary Shares") to trading on AIM (the "Block Listing Shares"). The block admission will be in place for an initial six month period from Admission.
The Block Listing Shares comprise the first tranche of shares (the "ATM Shares") to be issued pursuant to the At the Market Facility (the "ATM Facility") established with Axis Capital Markets Limited ("Axis"), further details of which were announced on 19 June 2026 (the "ATM Announcement").
As set out in the ATM Announcement, the ATM Shares will be issued and allotted to Axis or its appointed FCA-regulated custodian in tranches. Axis will use all reasonable endeavours to sell the ATM Shares during the term of the ATM Facility, subject to the customary selling restrictions set out in the ATM Announcement. The Initial ATM Tranche will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.
Application has been made to the London Stock Exchange for admission of the Block Listing Shares, to trading on AIM ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on or around 2 July 2026.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.