15th Sep 2025 07:00
The information contained within this Announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 which forms part of English law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
15 September 2025
Fiinu Plc
("Fiinu", the "Company" or the "Group")
Equity Fundraise
Fiinu Plc (AIM: BANK), is pleased to announce that it has entered into subscription agreements to raise gross proceeds of up to £900,000 through the issue of 4,500,000 new ordinary shares at 20 pence per share (the "Subscription Shares"). The Subscription Shares will be issued, in response to market demand, and the funds raised will be utilised to provide additional working capital for the Group.
The fundraising is subject to the Subscription Shares being admitted to trading on AIM ("Admission"). The Company has the authority to issue and allot the Subscription Shares pursuant to certain existing shareholder authorities granting such powers to the directors at the Company's Annual General Meeting held on 26 June 2025.
The issue price of the Subscription Shares represents a 33 per cent premium to the issue price for the subscription announced on 2 September 2025.
Application will be made for the Subscription Shares, which will rank pari passu with the existing ordinary shares, to be admitted to trading on AIM. Admission is expected to occur on or around 22 September 2025.
Further announcements will be made as appropriate.
The Directors of the Company are responsible for the release of this announcement
*ENDS*
For further information, please contact:
Fiinu Plc Dr. Marko Sjoblom - CEO | Tel: +44 (0) 1932 629 532 |
SPARK Advisory Partners Limited (Nomad) Mark Brady/Jade Bayat | Tel: +44 (0) 203 368 3550 |
SP Angel Corporate Finance LLP (Joint Broker) Bruce Fraser/Ezgi Senturk | Tel: +44 (0) 207 47 0470 |
Oberon Investment Limited (Joint Broker) Nick Lovering/ Adam Pollock/ Mike Seabrook | Tel: +44 (0)203 179 5300 |
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Brazil (Financial PR) Joshua van Raalte /Jamie Lester/Christine Webb | Tel: +44 (0) 207 785 7383 |
For more information, please visit www.fiinuplc.com
Related Shares:
Fiinu