Earnz (EARN): Placing of 41% of the market value

This situation live

£17m · 5.1p · +8% since the first step

Dilutive fundraise

Placing of 41% of the market value

completed

RaisePlacing · £4,097,500

Of market value41%

Discount15.8% to the last close

Reaction on the day−10%

Since Oct 2023: 301 situations of this kind – completed 77%, went quiet 23%; median share price -17% six months after they opened

Every step · 4

30 Sep 2026 announced · +0% on the day – EARNZ has entered into a conditional sale and purchase agreement to acquire certain assets of the business of GEM Environmental Building Services Limited... ↗
1 Oct 2026 announced · -10% on the day – The Company has conditionally raised gross proceeds of £4,097,500, through the successful placing of 102,437,500 Placing Shares at the Placing Price of 4... ↗
1 Oct 2026 announced · -10% on the day – The Retail Offer is wholly conditional upon, inter alia, (i) completion of the Placing; (ii) completion of the Proposed Acquisition; (iii) the Relevant... ↗
6 Oct 2026 completed – The Retail Offer raised £143,494 through the issuance of 3,587,350 Retail Offer Shares at a price of 4 pence each. ↗

What is happening

Earnz: Placing of 41% of the market value – completed. ['completed']

In short: Earnz is raising £4,097,500 by placing, 41% of its market value, at a 15.8% discount; the shares moved −10% on the day.
Announced: 30 Sep 2026 · announced · +0% on the day
Latest: 6 Oct 2026 · completed · +0% on the day

Briefing Pro

What it does, how it got here, what management promised and delivered – written from its own announcements.

From the company's own announcements. Not investment advice.

Also at Earnz 3 open