Cirata Secures Shareholder Approval for £5.4 Million AIM Fundraising Following July 2026 General Meeting

Unanimous Shareholder Approval Paves Way for Cirata’s Fundraising Drive

On 24 July 2026, Cirata plc announced that shareholders unanimously approved all resolutions outlined in the circular dated 29 June 2026 during its General Meeting. This milestone clears the way for the company’s capital raise aimed at supporting growth and operational expansion. The approval removes prior procedural barriers, enabling the issuance of new shares to proceed to the next regulatory phase.

The vote reflects strong investor confidence in Cirata’s strategic vision and capital deployment plans. The company’s technology automates seamless data transfer and integration to cloud analytics and AI platforms without causing downtime or service interruptions—a critical capability for enterprises managing complex multi-cloud environments. This shareholder endorsement establishes the legal foundation for admitting the new shares to trading on AIM, where Cirata is listed.

UK Branch Establishment Meets Tax Relief Requirements for Investors

Cirata has fulfilled a key condition involving the establishment of a UK branch, necessary for investors seeking tax relief under Part 6 of the Income Tax Act 2007 or exemptions under section 151A of the Taxation of Chargeable Gains Act 1992. This structural requirement, highlighted in the Launch Announcement, was essential before issuing and admitting the new shares to trading. Meeting this condition demonstrates Cirata’s commitment to supporting UK-based institutional and qualifying individual investors’ tax compliance.

Creating a UK branch is a common strategy among technology companies to facilitate investments from UK institutional investors, pension funds, and high-net-worth individuals who benefit from UK tax relief schemes. By satisfying this requirement ahead of share issuance, Cirata broadens its appeal to domestic investors who might otherwise face tax or administrative hurdles. This approach underscores the company’s focus on investor accessibility and adherence to UK capital market standards.

Issuance of 36.3 Million Shares at 15p Each to Raise £5.4 Million Gross

Cirata now has authority to issue 36,310,971 new ordinary shares priced at 15 pence each, as approved by shareholders. This issuance is expected to generate approximately £5.4 million in gross proceeds before fees and transaction costs. The share price was set in collaboration with joint brokers Stifel and Panmure Liberum and will apply upon admission to AIM. The capital raised will enhance Cirata’s financial capacity to advance product development, expand market reach, and accelerate operational growth.

The £5.4 million fundraising will enable investments in Cirata’s technology platform, which automates data movement across enterprise systems and connects organizations to modern cloud analytics and AI infrastructures. Typically, such funds support research and development, sales and marketing efforts, strategic hiring, and potential acquisitions. While modest compared to larger capital markets, this raise aligns with Cirata’s growth stage and strategic objectives as it scales its market presence and competitive positioning in the data orchestration software sector.

New Shares Expected to Begin Trading on AIM from 28 July 2026

Cirata has applied for admission of the 36,310,971 new shares to AIM, the London Stock Exchange’s alternative investment market. Admission and trading are expected to commence around 8:00 a.m. on 28 July 2026, just four business days after the General Meeting approval. This rapid timeline reflects an efficient process managed by Cirata and its advisers. Upon admission, the new shares will rank pari passu with existing ordinary shares, carrying identical rights and voting privileges.

The swift transition from shareholder approval to AIM admission depends on fulfilling regulatory conditions, including the UK branch establishment, which Cirata has now confirmed. Admission to AIM signifies compliance with the exchange’s listing standards and readiness for orderly trading, giving clarity to shareholders and investors about when the new shares will be available on the market.

Total Issued Share Capital to Reach 162.8 Million Ordinary Shares Post-Admission

Following the issuance and admission of the new shares, Cirata’s total issued share capital will amount to 162,759,626 ordinary shares of 10 pence each, all carrying full voting rights. This figure represents the company’s fully diluted share count on an undiluted basis, excluding treasury shares or future issuances. It serves as the denominator for shareholder notifications under the FCA’s Disclosure Guidance and Transparency Rules (DTRs).

Shareholders use this total share count to assess ownership percentages and monitor changes that may trigger disclosure obligations. Under the DTRs, investors must notify Cirata and the FCA when their holdings cross thresholds such as 3%, 5%, or 10%. The post-admission share capital figure will be the baseline for these calculations, ensuring regulatory compliance.

Cirata’s Data Orchestration Solutions Tackle Enterprise Cloud Integration Challenges

Cirata offers data orchestration technology that automates data transfer and integration to cloud analytics and AI platforms without causing downtime or business disruption. Its product suite enables data leaders and IT teams to leverage AI and advanced analytics across their entire data estates while avoiding vendor or cloud lock-in. This capability is increasingly vital as organizations adopt multiple analytics and AI platforms from various vendors to support data-driven decision-making.

The data orchestration market addresses the complexity and cost of moving large data volumes between legacy systems, modern warehouses, data lakes, cloud platforms, and analytics tools. Traditional methods are often manual, error-prone, and disruptive. Cirata’s automation reduces these challenges, accelerating adoption of modern analytics and AI capabilities with greater operational flexibility. This positions the company within a growing software infrastructure sector attracting sustained investment amid digital transformation trends.

Enterprise Software Revenue Model and Growth Strategy

Although specific revenue figures are not disclosed, Cirata’s business model aligns with enterprise software firms that generate income from software licensing, subscriptions, managed services, and professional services. The company likely focuses on recurring revenue from SaaS or subscription licenses, complemented by implementation and customer success services that optimize platform deployment.

Cirata targets large organizations with complex data environments and multi-cloud deployments, emphasizing sales to enterprises investing heavily in analytics and AI. The £5.4 million capital raise will support expansion of sales, marketing, and customer success teams to capture larger enterprise accounts and enter new regions and industry verticals. This fundraising reflects competitive dynamics in the data orchestration sector, where technology, deployment ease, and integration breadth are key differentiators.

Regulatory Compliance and Market Position on AIM

Cirata’s admission of new shares to AIM places it under the London Stock Exchange’s regulatory framework designed for smaller and growth-stage companies. AIM rules require regulatory disclosures, corporate governance, and market conduct standards, though less stringent than the main market. The company has publicly released inside information related to the fundraising via regulatory information services, ensuring compliance with Market Abuse Regulations.

The successful fundraising and shareholder approval highlight confidence in Cirata’s strategic direction and market opportunity. The data orchestration and integration sector has attracted significant venture capital, private equity, and strategic investor interest due to enterprise demand for modern data infrastructure and AI acceleration. Cirata’s ability to raise capital at 15p per share indicates investor belief in its technology, market positioning, and growth potential.

Investor Disclosure Obligations and Ongoing Communications

Cirata emphasizes the total issued share capital of 162,759,626 ordinary shares as the reference figure for calculating disclosure obligations under the FCA’s DTRs. Shareholders and interested parties should use this figure to determine if changes in holdings require notification to Cirata and the FCA. Disclosure thresholds are triggered at specific voting rights percentages, and investors must monitor transactions crossing these levels.

Investor relations are managed by Daniel Hayes, reachable via Cirata’s main contact at +1 (925) 380 1728. Shareholders and potential investors should follow the company’s regulatory announcements and website for updates on operations, financial results, and strategy. Joint brokers Stifel (Nomad and Joint Broker), Panmure Liberum (Joint Broker), and financial adviser FTI Consulting remain available to assist with investor inquiries and market communications post-admission.