Result of WRAP Retail Offer, Issue of Equity & TVR
WRAP Retail Offer concluded, raising approximately £95k through issue of 859,942 shares at 11p.
- Amount raised £95k
- Shares issued 859,942
- Issue price 11p per share
- Total voting rights post-admission 412,589,981
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Sundae Bar Plc (AIM: SBAR), a company creating a marketplace for AI Agents, is pleased to announce that, further to the announcements made on 23 June 2025 and 26 June 2025, it has concluded the WRAP Retail Offer raising approximately £95k through the issue of 859,942 new Ordinary Shares of 0.1p at the Issue Price of 11p per share (the "WRAP Retail Offer Shares").
Admission and Total Voting Rights
Application will be made for the WRAP Retail Offer Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective on or around 7 July 2025.
Upon Admission, the Company's issued ordinary share capital will consist of 412,589,981 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 412,589,981. With effect from 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 WRAP Retail Offer Shares will be issued free of all liens, charges and encumbrances and will, on Admission, rank pari passu in all respects with 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 16:30 23 June 2025.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.