Business
Results of Capital Raise
Sirius Real Estate Limited has successfully completed a capital raise, issuing 75,490,196 new ordinary shares at 102.0 pence per share, raising gross proceeds of £77 million. This capital will be used to fund two German acquisition opportunities, primarily focusing on defence-related assets, with an estimated total value of approximately €130 million (£113 million). The offer price represents a slight premium to recent closing and volume-weighted average prices. The new shares, representing approximately 5.0% of the existing issued share capital, are expected to be admitted to trading on the London Stock Exchange and JSE on February 20, 2026. Directors and PDMRs also participated in the raise, subscribing for approximately £100,000 in aggregate. Disclaimer*
About this update from Sirius Real Estate Limited
[{"type":"text","content":"\n\nSIRIUS REAL ESTATE LIMITED\n(Incorporated in Guernsey)\nCompany Number: 46442\nJSE Share Code: SRE\nLSE (GBP) Share Code: SRE\nLEI: 213800NURUF5W8QSK566\nISIN Code: GG00B1W3VF54\n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SINGAPORE OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED FOR THE PURPOSES OF ARTICLE 7 OF THE UK MARKET ABUSE REGULATION.\n \n17 February 2026\nSirius Real Estate Limited\n \nResults of Capital Raise\n \nSirius Real Estate Limited (\"Sirius\" or the \"Company\" and together with its subsidiaries, the \"Group\") is pleased to announce the result of the Capital Raise set out in the Company's announcement of 16 February 2026 (\"Capital Raise Announcement\"), the net proceeds of which enables the Company to execute on two attractive acquisition opportunities in Germany with a particular focus on defence-related assets and tenants in the near term, with an estimated total value of approximately €130m (£113m).\n \nThe Capital Raise will in aggregate comprise the issue of 75,490,196 new Ordinary Shares (the \"Offer Shares\"), which will raise gross proceeds of £77m. The Offer Shares represent approximately 5.0 per cent. of the existing issued ordinary share capital of the Company prior to the Capital Raise.\n \nThe Offer Price of 102.0 pence represents a premium of approximately 1.0 per cent. to the closing share price of 101.0 pence on 16 February 2026 and a premium of approximately 1.4 per cent. to the thirty-day volume weighted average price on the JSE of 100.6 pence as at 16 February 2026.\n \nBerenberg and Peel Hunt acted as joint global co-ordinators and joint bookrunners in respect of the Placing. PSG Capital acted as SA adviser, sole bookrunner and placing agent in respect of the South Africa Placing.\n \nThe Company consulted with a number of its shareholders prior to the Capital Raise and has respected the principles of pre-emption through the allocation process, while also allowing the participation of new long-only shareholders....