Business
Proposed Fundraising to raise up to £4m
Defence Holdings PLC announced a proposed fundraising to raise up to approximately £4 million through a placing of new ordinary shares at 1 pence per share, representing a 24.81% discount to the previous day's closing price. An additional broker offer aims to raise a further £1 million. The net proceeds will be used for working capital and strategic partnerships within the defence sector. The company also confirmed the indefinite suspension of its at-the-market (ATM) facility, under which £992,557.49 has been raised to date. Disclaimer*
About this update from Defence Holdings Plc
THIS 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, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. 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 DEFENCE HOLDINGS PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. 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 DEFENCE HOLDINGS PLC. THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS RETAINED AS PART OF THE LAW OF ENGLAND AND WALES ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA THE REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN. 25 June 2026 Defence Holdings PLC ("ALRT" or the "Company") Proposed Fundraising to raise up to £4m and indefinite suspension of ATM programme Broker Offer to raise up to an additional £1m Defence Holdings PLC (LSE: ALRT), the UK's software-led defence technology group is pleased to announce its intention to raise up to approx. £4 million (the "Fundraising") via a placing of new ordinary shares ("Placing Shares") of 0.1 pence each in the Company ("Ordinary Shares") to institutional and other investors (the "Placing") at a price of 1 pence per new Ordinary Share (the "Placing Price"), representing a 24.81 per cent discount to the closing price of an Ordinary Share on 24 June 2026. Fundraising Highlights · ALRT intends to conduct a Fundraising to raise up to £4 million gross proceeds. · Broker option to raise up to a further £1 million at the Placing Price. · The Placing is to be conducted by way of an accelerated bookbuild process which will commence immediately following this Announcement for up to 400,000,000 Ordinary Shares and will be subject to the terms and...
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