First Day of Dealings on AIM
Winvia Entertainment PLC announced its admission to trading on AIM, commencing at 8:00 a.m. today under the ticker 'WVIA'. The placing undertaken in conjunction with the admission was substantially oversubscribed. The placing price was 195 pence per share, with 20,512,820 placing shares issued. The enlarged share capital immediately following admission is 105,126,590 ordinary shares, with the placing shares representing 19.5 percent. The company received £40.0 million from the placing before expenses, resulting in a market capitalization of £205.0 million at the placing price on admission. The net proceeds will fund acquisitions in the UK Prize Draw sector.
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Winvia Entertainment (AIM: WVIA), a technology-led entertainment business, focused on two discrete fast-growing channels, being the large and highly fragmented UK Prize Draw market and the regulated Romanian online gaming market, is pleased to announce the admission of its entire issued ordinary share capital to trading on AIM, a market operated by the London Stock Exchange plc ("Admission").
Admission will take place, and dealings in the Company's ordinary shares of 0.5 pence each ("Ordinary Shares") will commence, at 8.00 a.m. today under the ticker 'WVIA'. The Company's admission document is available to view on its website: www.winvia.co.uk/investors.
Shore Capital is acting as Nomad, Sole Bookrunner and Sole Broker in relation to the Admission and Placing and is acting as Nomad and Sole Broker to the Company following Admission.
The Placing undertaken in conjunction with Admission was substantially oversubscribed and very strongly supported by institutional investors. Further detail on the Placing is set out in the table below.
Placing statistics
| Placing price | 195 pence |
| Number of Placing Shares | 20,512,820 |
| Enlarged Share Capital immediately following Admission | 105,126,590 |
| Percentage of Enlarged Share Capital represented by the Placing Shares | 19.5 per cent. |
| Proceeds of the Placing receivable by the Company before expenses | £40.0 million |
| Market capitalisation of the Company at the Placing Price on Admission | £205.0 million |
| Dealing Codes | |
| AIM TIDM | WVIA |
| ISIN | GB00BP084X98 |
| SEDOL | BP084X9 |
| LEI | 213800A7RTSCF8IWQ247 |
Rational for Admission
The net proceeds of the Placing are planned to be used by the Company to fund acquisitions in the UK Prize Draw sector and the Group is in discussions with several potential acquisition targets.
The Company is seeking Admission for the following reasons:
| · | to raise new funds through the Placing for the 'roll up' opportunity in the UK Prize Draw market; |
| · | to enhance brand equity and awareness and to provide improved customer and wider stakeholder credibility and trust; and |
| · | the owners prior to Admission believe the business will benefit from the discipline and structure of being an AIM-quoted company. |
Mihai Manoila, Chief Executive Officer, commented:
"Today's admission to AIM marks a major step for Winvia Entertainment. We've built a highly profitable, technology driven business across two fast-growing markets, UK prize draws and regulated online gaming, and we see considerable scope to accelerate our growth strategy in the UK Prize Draw market through organic and inorganic opportunities.
We were delighted by the strength of investor demand for the Placing which resulted in it being substantially oversubscribed and reflects confidence in what we've achieved so far and in the scale of the opportunity ahead. I'd like to thank our team and other stakeholders for their commitment throughout this process as we now focus on delivering the next phase of growth as a listed company."
All defined terms used in this announcement, not otherwise defined, have the meanings set out in the Company's admission document dated 28 October 2025 which is available on the Company's website.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.