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Mollyroe PLC - investment firm focused on AI business opportunities - Announces on Tuesday it has raised £300,000 through subscriptions for 120.0 million new shares at 0.0025 pence each. Says this ‘attracted the strong support of significant incoming shareholders.’ Subscribers will receive warrants on a one-to-one basis, exercisable at the issue price with a four-year term. Mollyroe subsequently announces on Friday it has raised an additional £5,000 through the issue of a further 2.0 million shares. Company intends to use the net proceeds ‘to provide funding to execute the investment strategy agreed by shareholders in 2024, and as furthered by the company’s first investment as announced on 3rd September 2025 and for general working capital purposes.’ Adds on Tuesday that it is in the final stages of negotiating further funds through a convertible loan note. Also, Chair Noel Lyons says Mollyroe is in the final stages of recruiting a chief executive and chief innovation officer. Lyons, also on Tuesday, comments: ‘We are delighted to have completed the Subscription at an issue price that is closely aligned with the share price of the company based on historical volume-weighted trades over the past 12 months and from investors who share our vision and show strong support and confidence in the company’s strategy. The introduction of new sophisticated investors is particularly encouraging, especially in the context of the highly dynamic technology environment...With this funding secured, Mollyroe will now progress further its vision and to advance the highly prospective opportunities the company is exploring.’ Current stock price: 0.625p 12-month change: flat against 0.625p on February 13, 2025 Copyright 2026 Alliance News Ltd. All Rights Reserved.
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