FIINU PLC Directors (Lon: Bank) announced that at a general meeting held earlier today, shareholders have approved the acquisition of Everfex PSA, a company that provides coin -offing solutions to small and medium -sized businesses exposed to Polish fluctuations.
The acquisition is classified as a reverse acquisition under Article 14 of AIM.
The £ 12 million agreement was initially announced on August 6, 2025. The initial examination of £ 8.0 million must be satisfied through the issue of 80,000,000 new shares in the Fiinu capital to the unique owner of Everfex, Granicus Holdings. The additional examination of £ 4.0m can be paid after January 1, 2026, if Everfex achieves certain performance criteria, which will be satisfied through the issue of 20,000,000 new ordinary shares on Fiinu at a release price of 20p per additional share.
In addition, Fiinu intends to raise about 0.8 million pounds, based on a conditional registration of new ordinary shares in the company’s capital at the issue price.