Connecting Excellence Group Raises £600,000 through Institutional Subscription
Connecting Excellence Group PLC has successfully raised £600,000 through an institutional subscription of new ordinary shares. The company will use the funds to support its Bitcoin treasury and recruitment-led growth strategy.
The gross proceeds came from the sale of 39,999,999 new ordinary shares at a price of 1.50 pence per share. This represents a 3.4% premium to the closing mid-market price on September 21, 2026, which was 1.45 pence.
The funds will be directed towards the company's Bitcoin treasury, its acquisition strategy, and hiring initiatives. The company is also planning to acquire a specialist recruitment business that holds 8.216 Bitcoin, although this remains subject to due diligence and other conditions.