Core Points - The Companies have published a Prospectus to raise up to £30,000,000 through the issuance of new ordinary shares, with an over-allotment facility of up to £10,000,000 [1] - The Offer opens on 17 November 2025 and will close by 1 April 2026 for the 2025/2026 Offer and by 30 April 2026 for the 2026/2027 Offer, or when fully subscribed [2] - Existing shareholders who apply by 15 December 2025 will receive additional shares equivalent to 1% of their subscription amount if their application is part of the first £5 million [3] - Other applicants will receive additional shares equivalent to 0.5% of their subscription amount under the same conditions [4] - Beringea LLP will receive a fee of 3.5% for direct applications and 3% for applications through financial advisers, covering all related costs [5] - The board believes the fee is fair and has been advised by Howard Kennedy Corporate Services LLP [6] - The Prospectus is available for free from the Companies' registered office and online [7]

Core Points - The Companies have published a Prospectus to raise up to £30,000,000 through the issuance of new ordinary shares, with an over-allotment facility of up to £10,000,000 [1] - The Offer opens on 17 November 2025 and will close by 1 April 2026 for the 2025/2026 Offer and by 30 April 2026 for the 2026/2027 Offer, or when fully subscribed [2] - Existing shareholders who apply by 15 December 2025 will receive additional shares equivalent to 1% of their subscription amount if their application is part of the first £5 million [3] - Other applicants will receive additional shares equivalent to 0.5% of their subscription amount under the same conditions [4] - Beringea LLP will receive a fee of 3.5% for direct applications and 3% for applications through financial advisers, covering all related costs [5] - The board believes the fee structure is fair and has been advised by Howard Kennedy Corporate Services LLP [6] - The Prospectus is available for free from the Companies' registered office and online [7]