Business

Maintel : Fundraising of up to £6 million, comprising a Conditional Placing of £3 million, a Retail Offer of up to £1 million & the issue of Convertible Loan Notes of £2 million and notice of General Meeting

Maintel : Fundraising of up to £6 million, comprising a Conditional Placing of £3 million, a Retail Offer of up to £1 million & the issue of Convertible Loan

articleMaintel Holdings PlcMay 14, 20263/news/maintel-fundraising-of-up-to-pound6-million-comprising-a-conditional-placing-of-pound3-million-a-retail-offer-of-up-to-pound1-million-and-the-issue-of-convertible-loan-notes-of-pound2-million-and-notice-of-general-meeting
Maintel : Fundraising of up to £6 million, comprising a Conditional Placing of £3 million, a Retail Offer of up to £1 million & the issue of Convertible Loan Notes of £2 million and notice of General Meeting

About this update from Maintel Holdings Plc

THIS ANNOUNCEMENT (THE "ANNOUNCEMENT") AND THE INFORMATION CONTAINED HEREIN 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, NEW ZEALAND, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT INFORMATION SECTION AT THE END OF THIS ANNOUNCEMENT. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN MAINTEL HOLDINGS PLC OR ANY OTHER ENTITY IN THE UNITED STATES OR IN ANY JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY INVESTMENT DECISION IN RESPECT OF MAINTEL HOLDINGS PLC. THIS ANNOUNCEMENT SHOULD BE READ IN ITS ENTIRETY. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN UK MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION, AS PERMITTED BY UK MAR. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION. 13 May 2026 Maintel Holdings Plc ("Maintel" or the "Company") Fundraising of up to £6 million, comprising a Conditional Placing of £3 million, a Retail Offer of up to £1 million & the issue of Convertible Loan Notes of £2 million and notice of General Meeting Maintel Holdings Plc, a leading provider of cloud communications, connectivity and security managed services, today announces that it has conditionally raised approximately, in aggregate, £5 million (before expenses) through a placing of New Ordinary Shares ("Placing") at the issue price of 80 pence per Ordinary Share (the "Issue Price") and the issue of convertible loan notes ("Convertible Loan Notes"). In addition to the Pla...

View stock analysis, news, and events for Maintel Holdings Plc