Business
Result of WRAP Retail Offer, Issue of Equity & TVR
Sundae Bar PLC announced the result of its WRAP Retail Offer and the issue of equity, raising £29,004.18. The company will issue 483,403 new ordinary shares. This was conducted alongside a £1,000,000 placing. In total, the placing and WRAP Retail Offer raised approximately £1,029,000 through the placing of 16,666,667 placing shares and the 483,403 WRAP Retail Offer shares. Application has been made for the admission of 17,150,070 new ordinary shares to trading on AIM, expected around November 5, 2025. Upon admission, the company's issued ordinary share capital will consist of 429,740,051 ordinary shares, each with one voting right. Disclaimer*
About this update from Sundae Bar Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN 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 NOTICE AT THE END OF THIS ANNOUNCEMENT.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"UK MAR\"). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN.\n \n30 October 2025\n \n \nSundae Bar Plc\n \n(\"sundae_bar\" or the \"Company\")\n \nResult of WRAP Retail Offer, Issue of Equity and Total Voting Rights\n \nSundae Bar Plc (AIM: SBAR), a company creating a marketplace for AI Agents, further to the announcement made by the Company at 16:37 on 28 October 2025, announces that it has raised £29,004.18 pursuant to the WRAP Retail Offer. Accordingly, the Company will issue a total of 483,403 new Ordinary Shares at the Issue Price pursuant to the WRAP Retail Offer. The WRAP Retail Offer was conducted alongside the £1,000,000 Placing details of which were announced by the Company at 16:30 on 28 October 2025.\n \nIn total, the Placing and the WRAP Retail Offer have raised gross proceeds of approximately £1,029,000 for the Company, via the Placing of 16,666,667 Placing Shares and the 483,403 WRAP Retail Offer Shares.\n \nAdmission and Total Voting Rights\nApplication will be made for the Placing Shares and the WRAP Retail Offer Shares (in total 17,150,070 new Ordinary Shares) to be admitted to trading on AIM (\"Admission\"). Admission is expected to become effective at 08:00 on or around 5 November 2025.\n \nUpon Admission, the Company's issued ordinary share capital will consist of 429,740,051 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 429,740,051. With effect from Admission, this figure m...