Business
Result of Oversubscribed WRAP Retail Offer
IntelliAM AI Plc has successfully completed an oversubscribed WRAP Retail Offer, raising approximately £260,000 in gross proceeds at an issue price of 110 pence per share, resulting in the issuance of 236,363 new Ordinary Shares. Combined with the previously announced Placing and Subscription, the total gross proceeds raised are approximately £510,000. Following admission to trading on the Aquis Exchange, expected around December 5, 2025, the Company's total issued ordinary share capital will be 19,605,211 shares. Disclaimer*
About this update from Intelliam Ai Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"UK MAR\"). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN.\n \n2 December 2025\n \nIntelliAM AI Plc\n \n(\"IntelliAM\" or the \"Company\")\n \nResult of oversubscribed WRAP Retail Offer\n \nIntelliAM AI (AQSE: INT), the specialist in AI-driven asset management, empowering industrial operations to cut costs and enhance productivity, is pleased to confirm, further to the announcement made on 24 November 2025, the result of its Fundraise at the Issue Price of 110 pence per share.\n \nThe WRAP Retail Offer generated a significantly higher level of demand than anticipated. In response, the Company increased the size of the WRAP Retail Offer to partially accommodate this demand. Despite this increase, applications still substantially exceeded the available allocation, and accordingly, were scaled back.\n \nAs a result, the Company has raised aggregate gross proceeds of approximately £260,000 pursuant to the WRAP Retail Offer, alongside the previously announced Placing. Accordingly, the Company will issue a total of 236,363 new Ordinary Shares at the Issue Price pursuant to the WRAP Retail Offer.\n \nIn total, the Placing and Subscription and the WRAP Retail Offer have raised gross proceeds of approximately £510,000 for the Company, via the Placing and Subscription of 227,272 Placing and Subscription Shares and the 236,363 WRAP Retail Offer Shares.\n \nAdmission and Total Voting Rights\nApplication have been made for the WRAP Retail Offer Shares to be admitted to trading on the Apex segment of the Aquis Exchange (\"Admission\"). Admission is expected to become effectiv...