THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

29 August 2025

ACCELER8 VENTURES PLC

Fundraise

Acceler8 Ventures Plc (LSE: AC8, "AC8" or the "Company"), the Main Market listed acquisition company, announces that further to the announcement made on 17 June 2025, AC8 has successfully raised £380,000 through the issue of unsecured Convertible Loan Notes ("CLNs").

The CLNs have been issued to new incoming investors in order to raise funds to support the Company's modest working capital requirements in pursuit of an initial transaction. 

The principal terms of the CLNs are as follows:

Amount: £380,000

Interest rate: 8 per cent. per annum, payable-in-kind and compounding annually

Redemption: No redemption rights applicable save for agreement by the Noteholder following a tender offer by the Company

Conversion: Automatic conversion of principal and accrued interest on the earlier of completion of an Initial Transaction (as defined by UKLR 13.4.1) and the third anniversary of CLN issuance

Conversion price: The lower of £1 per Ordinary Share and a 30 per cent. discount to the prevailing price per Ordinary Share applicable to the Initial Transaction, or a 30 per cent. discount to a 20-trading day VWAP as at close on the last trading day prior to the third anniversary of CLN issuance

Security: The CLNs will rank pari passu with other unsecured creditors of the Company

Inside Information

This announcement contains inside information as defined in Regulation (EU) No. 596/2014 on market abuse which is part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR") and is made in accordance with the Company's obligations under article 17 of MAR. The person responsible for arranging the release of this announcement on behalf of AC8 is David Williams, Chairman of AC8.

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