Result of Retail Offer
Quantum Base Holdings PLC has successfully completed its Retail Offer, conditionally raising approximately £217,048 through the issuance of 1,033,563 new Ordinary Shares at 21 pence per share. This brings the total gross proceeds from the overall Fundraising to approximately £4.26 million, requiring the allotment of 20,286,845 new shares. The Retail Offer's completion is contingent on General Meeting resolutions and Admission, which is expected around 22 December 2025, at which point the company's total issued share capital will be 84,367,164 Ordinary Shares.
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Quantum Base (AIM: QUBE), announced on 2 December 2025 the launch of a Fundraising comprising a Placing in conjunction with a Retail Offer.
The Company is pleased to announce that the Retail Offer successfully completed and closed at 1.00 p.m. today and that it has conditionally raised approximately £217,048 in the Retail Offer through the issue of 1,033,563 new Ordinary Shares at the Issue Price of 21 pence per Ordinary Share.
Following the close of the Retail Offer, the Company has conditionally raised gross proceeds of approximately £4.26 million at the Issue Price via the Fundraising. The Company will therefore be required to issue and allot a total of 20,286,845 New Shares.
The Retail Offer is conditional upon the Fundraising resolutions being duly passed without amendment at the Company's General Meeting to be held at 10.00 a.m. on 19 December 2025 and Admission becoming effective at 8:00 am on or around 22 December 2025, but in any event not later than the Longstop Date.
Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the Company's announcement released at 6.17 p.m. on 2 December 2025.
Admission and Total Voting Rights
Application will be made to the London Stock Exchange for the 20,286,845 New Shares to be admitted to trading on AIM. Admission is expected to take place and dealings in the New Shares are expected to commence at 8.00 a.m. on or around 22 December 2025, at which time it is also expected that the New Shares will be enabled for settlement in CREST. The New Shares will rank pari passu with the existing Ordinary Shares.
Following Admission, the Company's total issued share capital will consist of 84,367,164 Ordinary Shares, with no shares held in treasury. Therefore, on Admission, this figure may be used by Shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
References to times in this Announcement are to London time unless otherwise stated.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.