News by ACCESS Newswire on TradingView, 2026-09-01

Subscriptions raising £655,999 and Bitcoin treasury increased to 72.941 BTC

Investment of a further 10 Bitcoin by strategic investor Adam Back, alongside further subscriptions, raising £655,999 in aggregate and increasing XCE's Bitcoin treasury to 72.941 BTC

LONDON, UK / ACCESS Newswire / September 1, 2026 / Connecting Excellence Group Plc (AQSE:XCE)(OTCQB:XCELF), the international executive recruitment group with a long-term, ambitious and disciplined Bitcoin (BTC) treasury strategy, announces that Adam Back, an existing key strategic investor, has agreed to subscribe for new ordinary shares of £0.000001 each ("Ordinary Shares") in the Company through the transfer of 10 BTC to XCE (the "Back Subscription"), alongside subscriptions by two further investors (together with the Back Subscription, the "Subscriptions").

The Back Subscription has been completed at a BTC valuation of £57,799.90 per BTC, representing an aggregate subscription value of £577,999. Pursuant to the Back Subscription, Adam Back will receive 38,533,267 new Ordinary Shares in the Company at an issue price of 1.5 pence per Ordinary Share (the "Issue Price"). Two further investors have subscribed for 5,199,999 new Ordinary Shares at the same Issue Price, raising a further £78,000, of which £50,000 is subscribed in cash and £28,000 by an adviser to the Company who has elected to receive Ordinary Shares in place of a cash fee. The Subscriptions therefore comprise 43,733,266 new Ordinary Shares (the "Subscription Shares") raising £655,999 in aggregate.