Results of Secondary Placing in Raspberry Pi
Raspberry Pi Foundation sells 10.9m shares (5.6% of company) at 550p per share, raising £60m gross proceeds.
- Shares sold 10,909,090
- Placing price 550p per share
- Gross proceeds £60 million
- Percentage of issued capital 5.6%
- Selling Shareholder remaining stake 41.0%
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Further to the announcement released on 22 April 2026 the Raspberry Pi Foundation (the "Selling Shareholder") has agreed to sell an aggregate of 10,909,090 Shares (the "Sale Shares") of Raspberry Pi Holdings PLC (the "Company") at a price of GBp 550 per Sale Share (the "Placing Price") via a placing to strategic and institutional investors (the "Placing") and a separate offer to retail investors (the "Retail Offer") at the Placing Price. The Sale Shares in aggregate represent approximately 5.6 per cent. Of the Company's issued share capital.
The aggregate gross sale proceeds raised through the Placing and the Retail Offer are approximately £60 million. The Company is not party to the Placing or the Retail Offer and will not receive any proceeds from the Placing or the Retail Offer.
Following successful completion of the Placing and the Retail Offer, the Selling Shareholder will continue to hold 79,417,031 Shares, representing approximately 41.0% of the Company's outstanding Shares (the "Shares"). The remaining Shares held by the Selling Shareholder are subject to a 365-day lock-up, subject to customary exceptions.
Arm Technology Investments 2 Limited, a strategic shareholder of the Company, invested approximately £50 million in the Placing.
Settlement and closing of the Placing Offer and the Retail Offer is expected to occur on a T+2 basis on 27 April 2026. Jefferies International Limited ("Jefferies") and Peel Hunt LLP ("Peel Hunt") (and together, the "Managers") acted as Joint Global Coordinators and Joint Bookrunners in connection with the Placing.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.