Business
Results of Retail Offer
Rosebank Industries plc has successfully closed its retail offer, raising approximately £7.7 million through the issuance of 2,333,226 new ordinary shares at £3.30 each. These proceeds will be utilized as working capital for the Group. The completion of this retail offer is contingent upon shareholder approval of certain resolutions at a general meeting scheduled for March 23, 2026, and the subsequent admission of the new ordinary shares to trading on AIM, expected on March 25, 2026. The retail offer will only proceed if the associated placing is also completed. Disclaimer*
About this update from Rosebank Industries Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"UK MAR\"). \n \nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN (THIS \"ANNOUNCEMENT\") IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT. \n \n4 March 2026\n \nRosebank Industries plc\n \nResults of Retail Offer\nRosebank is pleased to announce that, further to its announcement on 3 March 2026 (the \"Retail Offer Announcement\"), the Retail Offer launched yesterday has now closed, raising gross proceeds of approximately £7.7 million via the issue of 2,333,226 new Ordinary Shares at the Issue Price of £3.30 per share.\nAs set out in the Retail Offer Announcement, the Retail Offer is conditional on the approval of the shareholders of the Company of certain resolutions to be proposed at a general meeting of the Company to be convened for 11 a.m. on 23 March 2026, and the new Ordinary Shares to be issued pursuant to the Capital Raise (including the Retail Offer) being admitted to trading on AIM (\"Admission\"). Admission is expected to take place at 8:00 a.m. on 25 March 2026 (or such later date determined by the Company being no later than 16 April 2026).\nThe Retail Offer will not be completed without the Placing also being completed.\nThe Company will use the proceeds of the Retail Offer as working capital for the Group.\nEnquiries\n\n\n\n\nRosebank Industries plc\nSimon Peckham, Chief Executive\nMatthew Richards, Group Finance Director\n\n\nVia Montfort Communications\n\n\n\n\nMontfort Communications\nNick Miles, C...