Business
Result of Placing and Subscription
Kelso Group Holdings Plc has successfully raised gross proceeds of £2.05 million through a placing and subscription of new ordinary shares at 3.0 pence per share, representing approximately 18.27% of its existing issued share capital. The net proceeds will be used to expand the company's investment portfolio into identified opportunities aimed at improving the balance of risk versus reward. The new shares are expected to be admitted to the London Stock Exchange on 19 December 2025, at which point the total number of ordinary shares and voting rights will be 442,403,329. Disclaimer*
About this update from Kelso Group Holdings Plc
[{"type":"text","content":"\n\nThe information contained within this announcement is deemed by the company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of the domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 (as amended) (\"UK MAR\"). Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.\n17 December 2025\n \nKelso Group Holdings Plc\n(\"Kelso\" or the \"Company\")\nResult of Placing and Subscription\nFurther to the announcement published on 15 December 2025, Kelso, the main market listed acquisition vehicle, is pleased to announce that it has conditionally raised gross proceeds of £2.05 million through the placing of 59,333,331 million new ordinary shares (\"Placing Shares\") and the subscription for 8,999,999 million new ordinary shares (\"Subscription Shares\") at an issue price of 3.0 pence per share (the \"Issue Price\") (the \"Fundraising\"). In aggregate, the Placing Shares and Subscription Shares represent approximately 18.27 per cent. of the existing issued share capital of the Company.\n \nKelso will use the net proceeds from the Fundraising to expand its current investment portfolio into identified opportunities which will improve the balance of risk versus reward.\n \nThe Company has made an application to admit the new ordinary shares to the Official List of the FCA and to the Main Market (Standard List) of the London Stock Exchange (\"LSE\"). It is expected that settlement for the Placing Shares and Subscriptions Shares, and Admission, will become effective at 8:00 a.m. on 19 December 2025, and that dealings in the Placing Shares and Subscription Shares will commence at that time. The Placing Shares and Subscription Shares, when issued, will be fully paid and will rank pari passu in all respects with the existing issued Ordinary Share of the Company, including, without limitation, the right to receive all dividends and other distributions declared, made or paid in respect of the existing issued Ordinary Shares after Admission.\n \nFollowing Admission, the total number of Ordinary Shares and voting rights in the Company will be 442,403,329. This figure may be used by shareholders in the Company as the denominator f...