Vault Ventures Plc, a company focused on identifying, developing and commercialising early-stage technology businesses, primarily in the blockchain and fintech sectors, is pleased to confirm the successful completion of its retail offer via the Winterflood Retail Access Platform (“WRAP Offer”).
The WRAP Offer was met with exceptionally strong demand, several times in excess of the original offer size. As a result, whilst the Company initially set out to raise £100,000, the directors have resolved to increase the offer but materially scale back the subscription applications to raise gross proceeds of £250,000 through the allotment of 1,388,888,889 new ordinary shares of £0.0001 each (the “New Shares”) at a price of 0.018 pence per share.
The proceeds from the WRAP Offer will further compliment the £1m raise announced on Monday 16 June 2025.
Admission
Application has been made for the New Shares to be admitted to trading on the Aquis Stock Exchange Growth Market (“Admission”). Admission is expected to become effective, and dealings in the New Shares are expected to commence, on or around 23 June.
Following Admission, the Company’s issued share capital will comprise 11,935,329,366 ordinary shares, each with one voting right. The Company does not hold any shares in treasury. This figure may therefore be used by shareholders as the denominator for the purposes of the FCA’s Disclosure Guidance and Transparency Rules.
The New Shares rank pari passu in all respects with the Company’s existing ordinary shares.
The proceeds of the Offer will be allocated no less than 50% and up to 75% deployed into ETH within the treasury with the remainder designated for immediate working capital needs and strategic marketing initiatives.
Brian Stockbridge, Non-Executive Chairman, commented:
“We appreciate the strong interest and support from both existing and new investors in this WRAP Retail Offer in the significantly oversubscribed round. We decided to scale back the WRAP Offer considerably to avoid too much dilution at these low share price levels. This raise reflects growing market confidence in our strategy.”
For more information, please visit the Company’s website at: https://vaultplc.com/
