Vulcan Industries Plc - Issue of Equity

9 November 2022

Vulcan Industries plc

(“Vulcan” or the “Company”)

Equity Issue

Equity Issue

Vulcan Industries plc (AQSE: VULC) is pleased to announce that it has raised a total of GBP 157,000 (gross) from new and existing investors through the issue of 19,111,111 new ordinary shares (the ‘Placing Shares’) under this equity issue.

The Company has also allotted 5,000,000 new ordinary shares (“Fee Shares”) in settlement of fees amounting to £50,000.

The Company will use the proceeds from the equity issue for general working capital purposes.

Admission

Application has been made for the 19,111,111 Placing Shares and 5,000,000 Fee shares to be admitted to trading on Aquis Stock Exchange (‘Admission’). Admission is expected to occur at 8:00am on or around 15^th November 2022.

Total Voting Rights

Following Admission, the Company's issued share capital will comprise 605,527,605 ordinary shares of £0.0004 each, with each share carrying the right to one vote.

The Company does not hold any ordinary shares in treasury. The above figure of 605,527,605 may therefore be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or of a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

For further information, visit: https://vulcanplc.com 

Contacts

About Vulcan

Vulcan seeks to acquire and consolidate traditional but historically profitable engineering, manufacturing, and industrial SMEs for value and to enhance this value in part through group synergies, but primarily by unlocking growth which is not being achieved as a standalone private company.