Intel stock extends gains after report of possible U.S. government stake
LONDON - Vault Ventures Plc announced Thursday a retail offer through the Winterflood Retail Access Platform (WRAP) to raise up to £300,000 by issuing new ordinary shares. The blockchain and fintech-focused company will make available up to 1.5 billion new ordinary shares at 0.02 pence per share.
The WRAP Retail Offer is open to eligible investors in the United Kingdom (TADAWUL:4280), including both new and existing shareholders, through participating financial intermediaries. The offer is expected to close at 4:30 pm on July 7, 2025, with a minimum subscription requirement of £100 per investor.
This retail offer comes in addition to a £1 million placing announced on July 2, 2025, with both fundraising initiatives sharing the same use of proceeds.
The company also disclosed that its directors will participate in the placing through an equity subscription of £300,000 at £0.0002 per share, resulting in the issuance of 1.5 billion ordinary shares to the directors.
Additionally, Vault Ventures has elected to settle fees for certain directors, brokers, and advisors by issuing 1.75 billion ordinary shares at the placing price.
Application will be made for the new shares to be admitted to trading on the Aquis Stock Exchange AQSE Growth Market. Following admission, the total shares of the company admitted to trading will be 22,185,329,366.
The directors’ participation in the equity subscription is considered a related party transaction under Aquis Stock Exchange rules. The company stated that directors receiving ordinary shares in lieu of accrued salaries were excluded from voting on their respective share allocations.
Vault Ventures describes itself as a company focused on identifying, developing, and commercializing early-stage technology businesses, primarily in the blockchain and fintech sectors. This information is based on a press release statement from the company.
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