Business
Launch of Retail Offer
Cirata PLC has launched a conditional retail offer of new ordinary shares via RetailBook Limited, aiming to raise up to £380,000 (approximately $500,000) at an issue price of 15.0 pence per share, which represents an 18.9% discount to the previous day's closing mid-price. This offer, available to both new and existing investors with a minimum subscription of £250, is part of a larger fundraising effort that also includes a placing and subscription for institutional investors. The net proceeds are intended for balance sheet stability, pipeline conversion, and investment in Cirata Symphony. The retail offer is conditional on shareholder approval at a general meeting on July 24, 2026, and admission to trading on AIM, expected on July 28, 2026. Disclaimer*
About this update from Cirata Plc
THIS 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"). NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN ANY 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 THIS 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 RETAIL BOOK LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 994238). THIS FINANCIAL PROMOTION IS NOT INTENDED TO BE INVESTMENT ADVICE. THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF CIRATA PLC. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. 25 June 2026 Cirata plc ("Cirata" or the "Company") Launch of Retail Offer = Cirata announces a conditional retail offer of new Ordinary Shares via RetailBook Limited ("RetailBook") for up to £380,000 (c.$500,000); = The Issue Price for the new Ordinary Shares is 15.0 pence per new Ordinary Share, representing a discount of 18.9 per cent to the closing mid-price of the Company's existing Ordinary Shares on 24 June 2026; = Investors can take part through RetailBook's partner network of retail brokers, wealth managers and investment platforms, (subject to such partners' participation), which includes AJ Bell, Hargreaves Lansdown and interactive investor; = Applications for new Ordinary Shares through these partners can be made from tax efficient savings vehicles such as ISAs or SIPPs, as well as General Investment Accounts ("GIAs"); = The Retail Offer is available to both existing shareholders and new investors; = There is a minimum subscription of £250 per investor in the Retail O...