New Risk • May 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (UK£6.39m market cap, or US$8.56m). Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Announcement • Apr 27
SEEEN plc (AIM:SEEN) completed the acquisition of Streaming Limited from Robert Thomas and others. SEEEN plc (AIM:SEEN) agreed to acquire Streaming Limited from Robert Thomas and others for £1.2 million on April 21, 2026. An initial consideration of approximately £1.0 million is payable on completion and will be satisfied by £0.95 million in cash to be funded from existing cash resources and additional capital into the Company as described below; and The issue of 1,000,000 new ordinary shares in the Company at a price of 6 pence per share (the "Consideration Shares"), which will be subject to customary lock-in and orderly market arrangements for a period of 24 months following completion. The transaction will be financed through equity investment of £0.95 million. Robert Thomas, founder of MEDIAL, will join the Group's leadership team and work closely with Chief Executive Officer Adrian Hargrave
For the period ending April 30, 2025, Streaming Limited reported total revenue of £0.64 million. As of April 30, 2025, Streaming Limited reported total assets of £0.19 million. The Acquisition is expected to be immediately earnings accretive to the Group.
The expected completion of the transaction is April 21, 2026 to April 30, 2026.
Mike Coe and James Bavister of Zeus Capital Limited acted as financial advisor for SEEEN plc.
SEEEN plc (AIM:SEEN) completed the acquisition of Streaming Limited from Robert Thomas and others on April 27, 2026. Announcement • Apr 22
SEEEN plc (AIM:SEEN) agreed to acquire Streaming Limited from Robert Thomas and others for £1.2 million. SEEEN plc (AIM:SEEN) agreed to acquire Streaming Limited from Robert Thomas and others for £1.2 million on April 21, 2026. An initial consideration of approximately £1.0 million is payable on completion and will be satisfied by £0.95 million in cash to be funded from existing cash resources and additional capital into the Company as described below; and The issue of 1,000,000 new ordinary shares in the Company at a price of 6 pence per share (the "Consideration Shares"), which will be subject to customary lock-in and orderly market arrangements for a period of 24 months following completion. The transaction will be financed through equity investment of £0.95 million. Robert Thomas, founder of MEDIAL, will join the Group's leadership team and work closely with Chief Executive Officer Adrian Hargrave
For the period ending April 30, 2025, Streaming Limited reported total revenue of £0.64 million. As of April 30, 2025, Streaming Limited reported total assets of £0.19 million. The Acquisition is expected to be immediately earnings accretive to the Group.
The expected completion of the transaction is April 21, 2026 to April 30, 2026.
Mike Coe and James Bavister of Zeus Capital Limited acted as financial advisor for SEEEN plc.