Business
WRAP Retail Offer for up to £100,000
Sundae Bar Plc announced a retail offer via the Winterflood Retail Access Platform (WRAP) to raise up to £100,000 through the issue of new ordinary shares at 0.1 pence each. This follows their earlier announcement of a placing to raise £1,000,000 before expenses, through the issue of 16,666,667 new ordinary shares at a price of 6 pence per share. The WRAP Retail Offer allows existing and new shareholders to participate on the same terms, with up to 1,666,667 new ordinary shares available at 6 pence each, representing a discount of approximately 17% to the mid-market closing price on October 27, 2025. The minimum subscription is £100 per investor, and the offer is expected to close on October 29, 2025, with results announced around October 30, 2025. 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, 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 AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (\"FSMA\") AND HAS BEEN APPROVED BY WINTERFLOOD SECURITIES LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 141455).\n \n28 October 2025\n \nSundae Bar Plc\n(\"sundae_bar\" or the \"Company\")\n \nWRAP Retail Offer for up to £100,000\n \nSundae Bar Plc (AIM: SBAR), a company creating a marketplace for AI Agents, further to the \"Placing to Raise £1,000,000\" announcement published at 4.30pm today (the \"Placing Announcement\"), is pleased to announce the launch of a retail offer via the Winterflood Retail Access Platform (\"WRAP\") to raise up to £100,000 (the \"WRAP Retail Offer\") through the issue of new ordinary shares of 0.1 pence each in the capital of the Company (\"Ordinary Shares\").\n \nAs announced earlier today, the Company has raised £1,000,000 before expenses through a placing of 16,666,667 new Ordinary Shares (the \"Placing Shares\") at the price of 6 pence per Ordinary Share (the \"Placing Price\") (the \"Placing\"). The WRAP Retail Offer provides existing and new shareholders the opportunity to participate in the fundraising on the same terms as the Placing. Under the WRAP Retail Offer up to 1,666,667 new Ordinary Shares (the \"WRAP Retail Offer Shares\") will be made available at a price of 6 pence per share, which is equal to the Placing Price.\n \nThe Placing Price represents a discount of approximately 17per cent. to the mid-market closing price of an Ordinary Share on 27 October 2025 (being the latest practicable date prior to this announcement).\n \nA separate Placing Announcement has been made regarding the Placing and its terms and sets out the reasons for the Placing and use of proceeds. The proceeds of the WRAP Retail Offer will be utilised in the same way as the...