Built Cybernetics plc (BUC): Placing of 36% of the market value
This situation live
BUC Built Cybernetics plc
28 Sep 2026 · announced · +0% on the day · +0% until the next step
The combination of Ecolibrium's SmartSense platform, data capabilities and international customer relationships with Built Cybernetics' Smart Core building operating system will create a significantly
8 Oct 2026 · announced · +0% on the day · +3% until the next step
The Company has conditionally raised gross proceeds of £2.9 million through the Placing and Subscription.
8 Oct 2026 · announced · +0% on the day · +3% until the next step
The net proceeds of the WRAP Retail Offer will be utilised in the same way as the net proceeds of the Placing and Subscription.
8 Oct 2026 · announced · +0% on the day · +3% until the next step
The Acquisition will become a wholly-owned subsidiary of the Company following Completion, with consideration satisfied by issue of new Ordinary Shares to Ecolibrium shareholders.
13 Oct 2026 · announced · −12% since
Upon Admission, the Company's issued ordinary share capital will consist of 809,039,665 Ordinary Shares with one voting right each.
Placing of 36% of the market value
announced · went quiet
RaisePlacing · £2.3m
Of market value36.3%
Reaction on the day+3%
As of 13 Oct 2026 ↗
Since Oct 2023: 313 situations of this kind – completed 77%, went quiet 23%; median share price -17% six months after they opened
Every step · 5
- 28 Sep 2026 announced · +0% on the day – The combination of Ecolibrium's SmartSense platform, data capabilities and international customer relationships with Built Cybernetics' Smart Core building... ↗
- 8 Oct 2026 announced · +0% on the day – The Company has conditionally raised gross proceeds of £2.9 million through the Placing and Subscription. ↗
- 8 Oct 2026 announced · +0% on the day – The net proceeds of the WRAP Retail Offer will be utilised in the same way as the net proceeds of the Placing and Subscription. ↗
- 8 Oct 2026 announced · +0% on the day – The Acquisition will become a wholly-owned subsidiary of the Company following Completion, with consideration satisfied by issue of new Ordinary Shares to... ↗
- 13 Oct 2026 announced – Upon Admission, the Company's issued ordinary share capital will consist of 809,039,665 Ordinary Shares with one voting right each. ↗
What is happening
Built Cybernetics plc: Placing of 36% of the market value – announced. ['announced']
- In short
- Placing of about 36% of market value announced 28 Sep 2026, linked to the Ecolibrium acquisition (announced 8 Oct 2026, circular sent 13 Oct 2026). Acquisition and fundraising completed on 4 Nov 2026. Unbound, which has a board nomination right while it holds at least 5%, nominated Abhijit Mishra as NED. Convertible loan subscriptions by Ecolibrium shareholders were amended: Unbound advanced £350,000 and Greenwave-FZCO £150,000.
- Announced
- 28 Sep 2026 · announced · +0% on the day
- Latest
- 13 Oct 2026 · announced · +3% on the day
- Board nominee
- Abhijit Mishra, Unbound CFO, appointed NED
- Nomination right
- Applies while Unbound holds at least 5% of issued Ordinary Shares
- CLA subscriptions
- Unbound advanced £350,000, Greenwave-FZCO £150,000; total quantum and terms unchanged
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