Caledonian Holdings Plc — James McColl steps down from Board of Alba Bank

(LSE:CHP) Caledonian Holdings plc announced that Executive Director and Alba founder James McColl has stepped down from Alba Bank’s board. The company stated that James McColl is leaving the Alba Bank board to focus on Caledonian and the execution of its financial services strategy. Caledonian Holdings plc aims to maximise the long-term value of its significant investment in Alba Bank. Alba Bank expects imminent regulatory approval, which is subject to final capital requirements being satisfied before full authorisation. Caledonian Holdings plc stated that the separation clarifies governance between the shareholder and Alba management. Caledonian Holdings plc remains fully supportive of Alba Bank. No financial figures, transaction amounts, or specific dates were disclosed in the announcement. The announcement did not mention any other board or management changes. No project names, asset names, or operational updates were included. The company did not disclose any new investments or divestitures in this release.No production, revenue, or reserve figures were stated. No contract terms, working interests, or acreage details were included. No ISIN, SEDOL, or CUSIP identifiers were mentioned. The announcement did not reference any payment dates, settlement dates, or outstanding amounts.

Second Block Admission

(AIM:CHP) Caledonian Holdings PLC announced the Second Block Listing Shares were admitted to trading on AIM at 8.00 a.m. on 21 September 2026. The company refers to previous announcements made on 19 June 2026, 1 July 2026, and 15 September 2026 regarding this admission. Capitalised terms in this announcement have the same meaning as in the company's 15 September 2026 announcement issued at 7:00 a.m. Jim McColl is listed as Executive Director of Caledonian Holdings PLC. Brent Fitzpatrick is named as Non-Executive Chairman. Allenby Capital Limited acts as Nominated Adviser for the company, with Nick Athanas and David Asquith as contacts. AlbR Capital Limited is listed as Joint Broker. Axis Capital Markets Limited is also listed as Joint Broker, with Richard Hutchison as a contact. The admission of the Second Block Listing Shares is confirmed as effective from 8.00 a.m. on 21 September 2026. The company is described as an AIM quoted investing company focused on building an integrated financial services group. The announcement is distributed by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. The company’s registered ticker is AIM:CHP. The announcement does not specify the number of shares admitted or any additional financial figures beyond the admission time.

Block Admission application

(AIM:CHP) Caledonian Holdings PLC announced that an application has been made to the London Stock Exchange for the block admission of 26,010,702 ordinary shares of nominal value £0.01 each in the Company to trading on AIM. The block admission will be in place for an initial six month period from Admission. The Block Listing Shares comprise the first tranche of shares to be issued pursuant to the At the Market Facility established with Axis Capital Markets Limited, further details of which were announced on 19 June 2026. The Initial ATM Tranche will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares. It is expected that Admission will become effective at 8.00 a.m. on or around 2 July 2026. Axis will use all reasonable endeavours to sell the ATM Shares during the term of the ATM Facility, subject to the customary selling restrictions set out in the ATM Announcement. The ATM Shares will be issued and allotted to Axis or its appointed FCA-regulated custodian in tranches.

Completion of acquisition of Aspire Commerce Group

(AIM: CHP) Caledonian Holdings PLC announced the completion of the acquisition of the entire issued share capital of Aspire Commerce Group Limited for a nominal cash consideration implying an enterprise value of £9.33 million on completion. The acquisition was completed following receipt of Financial Conduct Authority change in control approval and shareholder approval at the Company's recent annual general meeting. Aspire has an active customer pipeline of approximately £12.5 million and has processed more than 7,300 customer transactions, with customer payment flows of approximately £57.3 million GBP, €24.3 million EUR, and $1.3 million USD as at May 2026. Aspire generated audited revenue of £36,057 and reported a loss before tax of £4,026,302 for the year ended 31 December 2024, and unaudited revenue of £123,891 with a loss before tax of £3,581,742 for the year ended 31 December 2025. The transaction provides Aspire with access to an initial additional funding line of up to £30 million and includes revised arrangements with Aspire's existing debt provider in relation to the existing £9.33 million of indebtedness. The company projects substantial new capacity to accelerate growth initiatives and expects to broaden access to further funding lines, enhancing Caledonian's ability to deploy capital in high-value opportunities. Aspire's trade finance operations launched in May 2025, and the company has agreed the migration of a trade finance portfolio from a competing provider representing approximately £6.0 million of facilities.