S-Ventures PLC - Equity Fundraise

S-Ventures PLC

("S-Ventures", the "Company" or "Group")

Equity Fundraise

S-Ventures PLC (AQSE: SVEN), the AQUIS listed investment company focused on high-growth opportunities, is pleased to announce that further to its announcement dated 18 March 2026, it has raised £300,000, via a subscription of 8,571,428 new ordinary shares of 0.01 pence ("Subscription Shares") at an issue price of 3.5 pence per share (the "Subscription").

Warrants

On completion of the Subscription, investors will receive one warrant for each new ordinary share subscribed for, exercisable at 5 pence for share (the "Investor Warrants"). All warrants are exercisable for a period of two years from the date of this announcement.

The Company is also pleased to announce the appointment of Oberon Capital as Joint Corporate Broker with immediate effect.

Strategy

The majority of the funds from the Subscription will be invested into Hybrid Drones Limited, trading as Hydra Drones, a defence drone technology business that is developing next generation hybrid unmanned aerial vehicles (UAVs) combining jet propulsion with battery powered systems, they have an impressive payload and distance ability and also have MBDA as an investment partner. MBDA is Europe's premier missile systems group, with over €4 billion in annual revenues and ownership by BAE Systems, Airbus and Leonardo, and has invested in Hydra Drones. Hydra Drones operates from a facility in Thruxton. Further information is available at www.hydradrones.com.

This investment will sit alongside our material stake in TOORU PLC, which continues to make progress. The Directors intend to build S-Ventures PLC into a dynamic special opportunities public investment group.

Retail Offer

The Company intends to provide retail investors with the opportunity to subscribe for shares in the Company through a retail offer, which will raise up to £100,000 through the issue of up to 2,857,142 Ordinary Shares (the "Retail Offer") at a price of 3.5 pence per share. The Retail Offer will be conducted via the Winterflood Retail Access Platform ("WRAP") and a separate announcement will be made in due course regarding the Retail Offer and its terms.  Warrants, on the same terms as the Investor Warrants, will be made available to participants in the Retail Offer.

The Subscription is conditional on the admission of the Subscription Shares to trading on the Aquis Growth Market ("Admission") and it is expected that Admission will take place on 23 April 2026.

Related Party Transactions

Bhanu Choudhrie and Scott Livingston have each committed to acquire 1,428,571 Subscription Shares pursuant to the fundraising, for respective consideration of £50,000.

Bhanu Choudhrie and Scott Livingston's subscription for a total of 2,857,142 Subscription Shares is deemed to be a related party transaction under the AQSE Rules. The AQSE Corporate Advisor, having exercised reasonable care, skill and diligence, believes that the transaction is fair and reasonable as far as the shareholders of the Company are concerned. 

Bhanu Choudhrie, Director of S-Ventures commented: "I am delighted to announce this fundraising today. We are very excited about the potential of Hybrid Drones Limited and certain other potential opportunities for investment by the Company. This fundraising is a very welcome statement of support for our strategy and we welcome new shareholders to our Company."

Enquiries

Total Voting Rights

The Subscription Shares will rank pari passu  with the existing ordinary shares of 0.01 pence each ("Ordinary Shares") in all respects. An application will be made for the Subscription Shares to be admitted to trading on the Aquis Growth Market and Admission is expected to occur on 23 April 2026.

Following Admission, the Company will have 140,787,015 Ordinary Shares in issue, each with one voting right. The Company does not hold any shares in treasury and therefore the total number of voting rights in the Company will be 140,787,015.

Market Abuse Regulation

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.

About S-Ventures PLC

S-Ventures PLC is an Aquis-listed investment company focused on identifying and supporting high-growth opportunities across emerging sectors, partnering with innovative businesses to accelerate development and create long-term shareholder value.