Business
Launch of WRAP Retail Offer
Launch of WRAP Retail Offer.
About this update from Mirriad Advertising Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, 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 NOTICES SECTION AT THE END OF THIS ANNOUNCEMENT.\n \nTHE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE WRAP RETAIL OFFER AS A FINANCIAL PROMOTION IS ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF MIRRIAD ADVERTISING PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY WITH SUCH PERSONS. THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF MIRRIAD ADVERTISING PLC.\n \n14 May 2025\n \nMirriad Advertising plc\n(\"Mirriad\" or the \"Company\")\n \nWRAP Retail Offer for up to £200,000\n \nMirriad Advertising Plc, MIRI, a leading virtual in-content advertising and virtual product placement company, is pleased to announce a retail offer via the Winterflood Retail Access Platform (\"WRAP\") to raise up to £200,000 (the \"WRAP Retail Offer\") through the issue of new ordinary shares of £0.00001 each in the capital of the Company (\"Ordinary Shares\"). Under the WRAP Retail Offer up to 2,000,000,000 new Ordinary Shares (the \"Retail Offer Shares\") will be made available at a price of 0.01 pence per share.\n \nIn addition to the WRAP Retail Offer and as announced on 13 May 2025, the Company is also proposing a placing of new Ordinary Shares (the \"Placing Shares\" and together with the Retail Offer Shares, the \"New Ordinary Shares\") to raise a minimum of £1.5 million (before expenses) (the \"Placing\") at a price of 0.01 pence per New Ordinary Share (the \"Issue Price\"). The Issue Price represents a discount of approximately 63.6 per ...