RNS Number : 7210X
Fiinu PLC
02 September 2025
 

The 'Equity Fundraise' announcement released on 2 September 2025 at 7:00 under RNS No 6239X has been replaced.

The full text is shown below.

 

 

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 which forms part of English law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 

2 September 2025

Fiinu Plc

("Fiinu", the "Company" or the "Group")

Equity Fundraise

 

Fiinu Plc (AIM: BANK), is pleased to announce that it has entered into subscription agreements to raise gross proceeds of up to £1,410,000 through the issue of 9,400,000 new ordinary shares at 15 pence per share (the "Subscription Shares"). The Subscription Shares will be issued to institutional and other investors, in response to market demand, and the funds raised will be utilised to provide additional working capital.

The Fundraising is subject to the Subscription Shares being admitted to trading on AIM ("Admission"). The Company has the authority to issue and allot the Subscription Shares pursuant to certain existing shareholder authorities granting such powers to the directors at the Company's Annual General Meeting held on 26 June 2025.

A significant portion of the fundraise will be subscribed by QVP I, based in  Luxembourg, which actively invests in innovative businesses and is dedicated to helping local entrepreneurs both perfect their products and scale up internationally. QVP I has built a strong presence, especially in Poland, demonstrating a successful track record of identifying and supporting growth opportunities in key European tech markets.

The issue price of the Subscription Shares represents a 50 per cent. premium to the subscription announced on 6 August 2025, in connection with the reverse takeover of Everfex P.S.A., and mirrors the issue price of the major facility settlement announced on 1 September 2025.

Application will be made for the Subscription Shares, which will rank pari passu with the existing ordinary shares, to be admitted to trading on AIM. Admission is expected to occur on or around 17 September 2025.

Further announcements will be made as appropriate.

The Directors of the Company are responsible for the release of this announcement

*ENDS*

For further information, please contact:  

Fiinu Plc

Dr. Marko Sjoblom - CEO

Tel: +44 (0) 1932 629 532



SPARK Advisory Partners Limited (Nomad)

Mark Brady/Jade Bayat

Tel: +44 (0) 203 368 3550



SP Angel Corporate Finance LLP (Joint Broker)

Bruce Fraser/Ezgi Senturk

Tel: +44 (0) 207 47 0470



Oberon Investment Limited (Joint Broker)

Nick Lovering/ Adam Pollock/ Mike Seabrook

Tel: +44 (0)203 179 5300

 


Brazil (Financial PR)

Joshua van Raalte /Jamie Lester/Christine Webb

Tel: +44 (0) 207 785 7383

For more information, please visit www.fiinuplc.com

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