Business
Oversubscribed Subscription to raise £500,000
Oversubscribed Subscription to raise £500,000.
About this update from Alkemy Capital Investments Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM ANY PART OF AN OFFER TO SELL OR ISSUE, OR A SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES IN THE UNITED STATES, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL OR TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION. NO PUBLIC OFFERING OF THE FUNDRAISE SHARES IS BEING MADE IN ANY SUCH JURISDICTION. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF SUCH JURISDICTIONS.\n \nTHIS ANNOUNCEMENT IS NOT FOR PUBLIC RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 (\"MAR\") AS IN FORCE IN THE UNITED KINGDOM PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n25 June 2025\n \nAlkemy Capital Investments Plc\n \nOversubscribed Subscription to raise £500,000\n \nAlkemy Capital Investments plc (\"Alkemy\") (LSE: ALK) is pleased to announce that it has raised £500,000 in a subscription of 333,334 new ordinary shares at a subscription price of £1.50 per share (\"Subscription Shares\").\nThis includes subscriptions of £40,000 from each of directors Paul Atherley, Sam Quinn and Vikki Jeckell. Quark Financial was the Financial Advisor to the transaction. \nThe net proceeds will be used to further the development of TVL's lithium hydroxide processing faclility in Teesside and for general working capital purposes. \nFollowing the subscription, the directors will have the following beneficial shareholdings in the Company:\n \n\n\n\n\n\n\n\nNumber of new Shares subscribed\n\n\nResulting number of Shares\n\n\n% of enlarged capital\n\n\n\n\nPaul Atherley\n\n\n26,667\n\n\n3,547,226\n\n\n36.02%\n\n\n\n\nSam Quinn\n\n\n26,667*\n\n\n533,095\n\n\n5.41%\n\n\n\n\nVikki Jeckell\n\n\n26,667\n\n\n66,667\n\n\n0.6...