Pulsar Group (PULS): Placing of 25% of the market value

This situation live

£20m · 14.8p · +0% since the first step

Dilutive fundraise

Placing of 25% of the market value

announced

RaisePlacing · up to £5.0m

Of market value25%

Since Oct 2023: 305 situations of this kind – completed 77%, went quiet 23%; median share price -17% six months after they opened

Next: Announce fundraise terms and outcome; general meeting approval

Every step · 1

28 Oct 2026 announced – ARR has grown throughout the year, with momentum in the second half driven by significant new wins and upsells with large enterprise customers. ↗

What is happening

Pulsar Group: Placing of 25% of the market value – announced. ['announced']

In short: On 28 October 2026 Pulsar announced it is assessing demand for a fundraise of up to £5.0m, needing shareholder approval at a general meeting. Shares entered a Capital Access Window, a voluntary trading pause, from 7:30 a.m. that day. This follows lower-than-expected cash generation and net debt of £6.4m. No price, structure or discount is set.
Announced: 28 Oct 2026 · announced
Size: Up to £5.0m (Proposed Fundraising), assessing demand, announced 28 October 2026
Approval: Shareholder approval needed at a general meeting
Trading: Capital Access Window from 7:30 a.m. on 28 October 2026 until results announced
Terms: Price, discount, structure and final size not stated; no certainty it proceeds
Use of money: Not stated
Net debt: £6.4m at 30 September 2026 (30 November 2025: £5.6m)

Announce fundraise terms and outcome; general meeting approval.

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.

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