Business
Result of Placing & Notice of General Meeting
Quantum Base Holdings PLC has successfully raised £4.04 million before expenses through a placing of 19,253,282 shares, with a retail offer aiming to raise an additional £0.75 million. This fundraising is conditional on shareholder approval at a General Meeting scheduled for December 19, 2025, with a circular expected to be posted on December 3, 2025. Directors Adrian Collins and Mark Fahy are participating in the placing, subscribing for 47,619 and 47,333 shares respectively, which is considered a related party transaction and has been deemed fair and reasonable by independent directors. The placing shares are expected to be admitted to trading on AIM around December 22, 2025. Disclaimer*
About this update from Quantum Base Holdings Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED (\"MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, SUCH INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.\nUNLESS OTHERWISE DEFINED, CAPITALISED TERMS NOT OTHERWISE DEFINED HEREIN SHALL HAVE THE MEANINGS GIVEN TO THEM IN THE COMPANY'S ANNOUNCEMENT PUBLISHED AT APPROXIMATELY 6.00 P.M. (GMT) ON 02 DECEMBER 2025.\n \n3 December 2025\n \nQUANTUM BASE HOLDINGS PLC\n(\"Quantum Base\", the \"Company\" or the \"Group\")\nResult of Placing\nand\nPosting of Circular and Notice of General Meeting\n \nQuantum Base (AIM: QUBE), the quantum science company focused on creating a new global standard in authentication, is pleased to announce that, further to its announcement published on 2 December 2025 in respect of the proposed Placing, the Company has raised £4.04 million (before expenses) by way of the issue of 19,253,282 Placing Shares at the Issue Price.\n \nAs part of the Fundraising, the Company also announced details of a Retail Offer to be made to existing Shareholders and new Retail Investors to raise up to an additional £0.75 million through the issue of up to 3,571,428 Retail Offer Shares, at the Issue Price. The Retail Offer is being conducted via the RetailBook Platform. The Retail Offer is expected to close at 1.00 p.m. (GMT) on 5 December 2025, and the results of the Retail Offer will be announced later that day.\n \nPosting of Circular and Notice of General Meeting\nThe Placing and Retail Offer are each conditional, inter alia, upon Shareholders approving the Resolutions at the General Meeting which is expected to be held at the Department of Physics, Physics Avenue, Lancaster University, Lancaster, LA1 4YB at 10.00 a.m. on 19 December 2025. The Circular, which contains Notic...