Issue of Equity
Pensana Plc has announced a further equity issue, placing 6,250,000 new ordinary shares at £0.80 each with M&G Investment Management for a total consideration of £5,000,000. This issuance, which follows a previous US$100 million strategic investor announcement, will result in the company's issued share capital increasing to 314,966,435 ordinary shares, with no shares held in treasury. The new shares are expected to be admitted to the London Stock Exchange's Main Market on or around 19 December 2025 and will rank pari passu with existing shares.
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December
2025
THIS
ANNOUNCEMENT
CONTAINS
INSIDE
Pensana Plc (LSE: PRE) (the "Company") announces that, further to the US$100 million Strategic Investor announcement dated 9 December 2025, the Company has concluded a further subscription agreement with long-term major shareholder M&G Investment Management for the placing of 6,250,000
New
Ordinary
Shares
of
£0.001
each
("New
Ordinary
Shares").
The
New
Ordinary
Shares
will
be
issued
at
£0.80
per
share
for a total consideration of £5,000,000.
Accordingly, application has been made for the 6,250,000 New Ordinary Shares to be admitted to the Official List and to trading on the Main Market of the LSE and Admission is expected to occur on the LSE on or about 08:00 on 19 December 2025. These shares rank pari passu with the existing Ordinary Shares in issue.
Following
this
issue,
the
Company's
issued
share
capital
consists
of
314,966,435
Ordinary
Shares.
No
shares
are held in treasury. Therefore, the total number of voting rights of the Company is 314,966,435.
the Financial Conduct Authority's Disclosure and Transparency Rules.
a Regulatory Information Service,
this inside information will be considered to be in the
public domain. The
person
responsible for
arranging for
the
release
of this announcement on behalf of the Company is Paul Atherley (Chairman).
For
further
information,
please
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.