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Initial Portfolio, Retail Offer and Capital Access Window

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3 months ago

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This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Shaires Holdings Ltd
(“Shaires Holdings” or the “Company”)

LONDON, Aug. 13, 2026 /PRNewswire/ — Shaires Holdings Ltd (AIM: SHR), the publicly quoted London investment company providing investors with exposure to leading private mid-and late-stage global technology and AI companies, is pleased to announce several new initiatives today. Highlights include:

Initial portfolio established: binding agreements in place, subject to customary closing conditions, providing exposure to Anthropic, Stripe, ByteDance, Moonshot AI, Figure AI, SandboxAQ and Colossal Biosciences, with an aggregate value of up to US$86.7 million.Retail offer for UK investors only, managed by Marex Financial (“Marex”), launching today at US$20.00 per share, alongside the recently announced US$28.5 million institutional placement, which was also priced at US$20.00 per share, with details set out in a separately issued press release.A Capital Access Window will be initiated. This is a voluntary pause to the trading of a Company’s shares to make it easier for companies to reach a broader range of investors, including retail investors, during a fundraise. It will remain in place until completion of the Retail Offer.Additional investment and contribution opportunities of up to US$500 million are under advanced negotiation, including further investments into leading private technology and AI names, and will be announced upon reaching definitive agreements.Targeting a total raise of US$100 million across the first and second institutional tranches and the retail offer as well as initial in-kind contributions.An overview video of the Company by CEO Vivek Seth is available on-demand at: https://shaires-holdings.com/?preview=cav81dllxremeq.

Initial Portfolio

In order to establish its initial investment portfolio, the Company has entered into binding option agreements to purchase up to US$40 million of interests in special purpose vehicles (“SPVs”) managed by Rizvi Traverse (a company connected to Suhail Rizvi, Executive Chairman of Shaires and a related party to the Company), that provide exposure to some of the world’s most significant private technology companies:

Anthropic, the frontier AI company behind the Claude family of modelsStripe, a leading financial infrastructure company for businessesFigure AI, the first-of-its kind AI robotics company working on general purpose humanoids

In addition, the Company has entered into a subscription agreement with a third-party SPV providing exposure to ByteDance (US$15.0 million), the leading global technology group behind TikTok, Douyin and Doubao. The Company has also entered into a subscription agreement to acquire an interest in Moonshot AI (US$5.0 million), the leading Chinese AI lab behind the Kimi series of open-source models. Furthermore, as part of its in-kind, share-for-share contribution programme, the Company has entered into contribution agreements with certain counterparties that are contributing US$14.8 million of interests in SPVs providing exposure to SandboxAQ, a leading AI and quantum computing company as well as U$12.0 million of shares in Colossal Biosciences, an advanced genetics and biosciences company working on “de-extinction”. The aggregate total maximum value of all the initial commitments amounts to US$86.7 million.

Portfolio Company

Investment Type

Investment Amount¹

Anthropic

Binding option agreement

Up to $16.2m

Bytedance

Cash investment

 $15.0m

SandboxAQ

In-kind contribution

$14.8m

Figure AI

Binding option agreement

Up to $14.5m

Colossal Biosciences

In-kind contribution

$12.0m

Stripe

Binding option agreement

Up to $9.2m

Moonshot AI

Cash investment

$5.0m

Total

Up to $86.7m

1 For more details, refer to the Company’s separate transaction announcements; subject to completion.

 

The Company is in advanced discussions regarding further investments into leading private technology and AI companies and will provide regular updates when definitive agreements are signed, in keeping with the Company’s intention to build a portfolio in excess of US$500 million in the near-term. These opportunities are at varying stages of negotiation and documentation and there is no certainty that any will be completed.

The initial portfolio will be funded, in part, by the Company’s institutional raise, conducted through direct subscriptions for new ordinary shares at US$20.00 per share, under which a first tranche of US$28.5 million has been completed through the subscription of 1,424,000 new ordinary shares as announced on 30 July 2026. The investments in SandboxAQ and Colossal Biosciences as part of the in-kind programme are funded by the issuance of 1,341,821 new ordinary shares (“Contribution Shares”). Under the in-kind programme, the Company will issue new ordinary shares at $20.00 per share.

Retail Offer

As announced in a separate release a retail offer (“WRAP Retail Offer”), managed by Marex, is being launched today at a price of $20.00 per share, the same price as the initial institutional raise.

The Company’s capital raising programme is ongoing: a second institutional tranche is in progress alongside the retail offer. Across the two institutional tranches, in-kind programme and the retail offer, the Company is targeting a total raise of US$100 million. Further updates on the fundraise will be provided in due course.

Capital Access Window

Following the updates to the AIM Rules for Companies announced earlier this month, the Company has decided to utilise a Capital Access Window. This is a voluntary pause to the trading of a Company’s shares to make it easier for companies to reach a broader range of investors, including retail investors, during a fundraise. From 07:30am today, the Company’s shares will enter a Capital Access Window until a further announcement is made detailing the close of the WRAP Retail Offer.

New Shares Admission and Total Voting Rights

Due to adjustments for fractions in the share consolidation that took place on 9 June 2026 being accounted for in error, the number of the Company’s number of shares outstanding incorrectly included 15 shares. The actual number of shares outstanding as of today is 2,499,989 and not 2,500,004 as previously stated.

Furthermore, an application will be made for the 741,821 Consideration Shares related to the investment in SandboxAQ and the 600,000 Consideration Shares related to the investment in Colossal Biosciences (together 1,341,821 Consideration Shares) to be admitted to trading on AIM (“Admission”), with admission expected on or around 21 August 2026.

In accordance with the provisions of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following Admission, the Company will have 3,841,810 ordinary shares in issue and no ordinary shares held in treasury. The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interests in, or change to their interest in, the Company. All the ordinary shares have equal voting rights.

Board and Management Comments

Suhail Rizvi, Executive Chairman of Shaires, said:

“This is the point in the AI cycle we have been waiting for. The pioneering phase of AI, when investors were funding an idea and a team, has largely passed. In front of us now is a set of companies that have crossed from promise into performance. These businesses have products, customers and revenue, and in our judgement most of their adoption is still ahead of them.

“What is scarce at this stage is an orderly route to liquidity for the people who built these companies. Employees and early shareholders hold stock they cannot easily sell. Their alternatives are a fragmented secondary market or several more years of waiting for an event that may never arrive.

“Shaires can be the single long-term holder on the other side of that, with no obligation to sell to a timetable. That is what earns us access, and what we intend to keep building on.”

Vivek Seth, CEO of Shaires, said:

“This team has been investing in private technology companies together for close to thirty years, and we have kept coming back to the same conversation. The defining companies of this cycle are being built and repriced entirely in private, and by the time they reach public markets much of the value creation has already happened.

“Shaires is our answer to that: a permanent vehicle listed in London, where an institution, a retail investor buying through a platform and a founder contributing their own stock all end up owning exactly the same thing, at the same price, at the same time.

“Look at what sits in it: Anthropic, Stripe, ByteDance, Figure AI, SandboxAQ, Moonshot AI, Colossal Biosciences. Elsewhere in public markets, these names might appear as a fraction of a fund or a line item in somebody else’s portfolio. Here, they are the whole point of the company.

“We chose London deliberately. Being quoted on AIM allowed us to build Shaires as an internally managed company rather than an externally managed fund. That structure puts management, public shareholders and in-kind contributors on the same terms. We would rather be invited in than be one more name in a crowded market. London is at an inflection point of its own, and we are pleased to be arriving as that renewal begins.”

Further announcements regarding the Company’s investment portfolio, additional capital raising activities and strategic developments will be made as and when appropriate.

Investor Meet Company Webinar

CEO Vivek Seth will provide a company presentation via Investor Meet Company on Friday 14 August 2026 at 14:00 BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 09:00 BST on Friday 14 August 2026, or at any time during the presentation.

Investors can sign up to Investor Meet Company for free and add to meet SHAIRES HOLDINGS LTD via: https://www.investormeetcompany.com/shaires-holdings-ltd-1/register-investor.

Investors who already follow SHAIRES HOLDINGS LTD on the Investor Meet Company platform will automatically be invited.

Enquiries

Shaires Holdings Ltd

Via Tavistock

Zeus – Nominated Adviser & Broker

James Joyce, Andrew de Andrade

+44 (0) 20 3829 5000

Tavistock – Financial PR

Jos Simson, Kuba Stawiski, Henry Kirby

shaires@tavistock.co.uk

+44 (0) 20 7920 3150

 

About Shaires Holdings Ltd

Shaires Holdings Limited (AIM: SHR) is a publicly quoted London investment company that provides public market investors with concentrated exposure to leading private mid- and late-stage technology companies, with a particular focus on artificial intelligence. The Company is internally managed and charges no management or performance fees.

In addition to cash investments, the Company may acquire positions through in-kind (in specie) contributions, whereby employees and early shareholders of private technology companies may exchange eligible holdings for new ordinary shares in the Company, therefore providing them liquidity and diversification. Through this mechanism, public-market investors gain access to an asset class historically closed to them.

With an emerging megatrend of large frontier AI companies vertically integrating their business throughout the value chain from modelling through to chips and services, the Shaires board and management believe that they have the right methodology and strategy to provide capital to the best next-generation businesses.

Further information is available at www.shaires-holdings.com.

Forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. Anthropic, Stripe, ByteDance, Moonshot AI, Figure AI, SandboxAQ and Colossal Biosciences figures are unaudited estimates or management reported. Nothing in this announcement is investment advice or a recommendation. The value of investments can go down as well as up.

SOURCE Shaires

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Sanya hosts side event of the 7th Symposium on Global Maritime Cooperation and Ocean Governance

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November 11, 2026

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Report on Southeast Asian Youth Perceptions of Maritime Issues released

BEIJING, Nov. 10, 2026 /PRNewswire/ — A side event of the 7th Symposium on Global Maritime Cooperation and Ocean Governance was held at China Media Group (CMG) Sanya Studio on November 8. More than 10 Chinese and international participants discussed how to put into practice the Agreement under the United Nations Convention on the Law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction (BBNJ Agreement), and how to communicate ideas about ocean conservation to audiences worldwide.

Experts at the event described the BBNJ Agreement, which entered into force in January this year, as a landmark victory for multilateralism in global ocean governance. They said it charts a course for all parties to work together to protect marine biodiversity.

Jiao Nianzhi, an academician of the Chinese Academy of Sciences, described marine biodiversity as a toolbox for humanity, saying that protecting it means safeguarding humanity’s future. Aileen Tan, chairperson of the Sub-Commission for the Western Pacific of UNESCO’s Intergovernmental Oceanographic Commission, said the BBNJ Agreement gives the ocean “breathing space” and stressed the need for scientists from different countries to work together on ocean conservation. She cited Malaysia-China cooperation in marine scientific research as a good example and expressed hope that China would play a greater leadership role. Ronán Long, director of the WMU-Sasakawa Global Ocean Institute at the World Maritime University in Sweden, said China’s strong data capabilities could help accelerate the implementation of the Agreement’s provisions on sharing non-monetary benefits arising from marine genetic resources.

Participants also highlighted China’s efforts and achievements in promoting maritime cooperation and advancing marine ecological restoration, among other areas. The side event was jointly hosted by CMG’s Chinese Language Programming Center, the Huayang Center for Maritime Cooperation and Ocean Governance, the National Institute for South China Sea Studies and other organizations.

During the symposium, CMG’s Chinese Language Programming Center and CMG Institute jointly released the Report on Southeast Asian Youth Perceptions of Maritime Issues. The report presents the concerns and expectations of young people in Southeast Asian countries, including Indonesia, Malaysia, Singapore and Thailand, regarding ocean-related issues.

The report finds that Southeast Asian youth have a positive outlook on maritime cooperation with China. Nearly 80 percent of respondents are willing to take part in China-ASEAN youth exchanges on ocean-related issues. The report also notes that Southeast Asian youth are concerned about broader issues of ocean governance and look to China to shoulder greater responsibilities and play a larger role in global ocean governance.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sanya-hosts-side-event-of-the-7th-symposium-on-global-maritime-cooperation-and-ocean-governance-302935814.html

SOURCE China Media Group (CMG)

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Why Brisbane Airport selected LG for its landmark digital infrastructure upgrade

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19 minutes ago

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November 11, 2026

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Australia’s third-largest airport now runs passenger information across 950 LG displays monitored centrally via LG SuperSign CMS

News summary

Brisbane Airport manages approximately 950 LG commercial displays from a single platform LG SuperSign CMS deployed on-premise to meet strict security and operational controls for critical infrastructureLG SuperSign CMS offers leadership, operations and ICT team remote visibility and control of entire display fleetLG’s embedded System-on-Chip allows real-time flight information (FIDS), gate information, wayfinding and operational messaging to be directly pushed to display screens without external media playersBrisbane Airport’s transition to LG’s SuperSign CMS has driven down operational costs significantlyDeployed in partnership with Australian integrator Programmed, this digital overhaul forms a key part of Brisbane Airport’s ongoing $5 billion Future BNE transformation

SYDNEY, Nov. 11, 2026 /PRNewswire/ — LG Electronics (LG) has partnered with Brisbane Airport Corporation (BAC), replacing a previously fragmented digital signage system with a modern network of approximately 950 LG commercial displays centrally managed by LG SuperSign CMS. Covering the domestic and international terminals, baggage handling areas, and car parks, these LG screens deliver real-time flight information displays (FIDS), gate information, passenger wayfinding, and operational communications reliably across a 24/7 environment.

As Australia’s third largest airport preparing for a forecast surge in passenger numbers ahead of the major event in 2032, Brisbane Airport needed to replace an increasingly unreliable, ageing network with a simplified, scalable solution that its lean ICT team could operate day-to-day.

“The reliability of the displays is essential. Without them working, people are lost — quite literally,” says Michael Kerr, Integrated Operations Manager at BAC.

To address these critical demands, LG worked alongside local integrator Programmed to deploy a centralised digital signage network driven by LG SuperSign CMS. The platform provides ICT and operations teams with comprehensive visibility across the entire display fleet remotely, replacing an otherwise manual process of physical, daily check-ups.

“LG SuperSign has been a game changer for my team. We just don’t have the arms and legs to go around and check those 950 screens on a daily basis. The monitoring capabilities really give us that eyes-on view of what’s across our infrastructure,” says Anthony Tully-Smith, ICT Applications Manager at BAC.

One system, diverse displays

BAC’s new estate involves a range of LG display solutions tailored to specific passenger zones. This includes:

43- and 49-inch LG commercial panelsLG Ultra Stretch displays in totemsLG 49XE-series high-brightness outdoor displays110-inch LG UM5K indoor screensA 136-inch LG LAPA-series All-in-One LED in international arrivals

With LG’s embedded System-on-Chip (SoC) platform and internal web page player, real-time flight information and content now play directly on the screens. This removes the need for external media players, simplifying the network architecture.

“We’ve taken what was a fragmented digital signage system, not very visible to management, now to an integrated modern solution with centralised management and health visibility,” says Graham Wands, Business Development Manager at Programmed. “LG SuperSign enables us to take a proactive stance and make sure that the FIDS and other signage are highly available and always visible to passengers.”

Built for critical infrastructure

As a privately owned critical infrastructure operator, BAC needed full control of its content. LG SuperSign CMS is deployed on-premise to meet the airport’s security and operational-control requirements. LG’s device hardening helps reduce the risk of unauthorised content, such as USB sideloading.

The project also supports the airport’s ESG goals; LG UH series screens carry Carbon Trust footprint-reduction certification, LG offers a free e-waste program, and power consumption can be monitored and optimised from LG SuperSign CMS.

“At an airport, a screen is only as useful as the information on it, and how quickly someone knows when it stops working. Brisbane Airport shows what happens when displays and management software are planned together as operational infrastructure, with a local integrator who knows the site. We’re grateful to Brisbane Airport and Programmed for the partnership, and we look forward to supporting the airport as it grows,” says Chris Wilson, Sales General Manager – Information Display at LG Electronics Australia.

Looking ahead

BAC sees LG as a long-term partner as it progresses its $5 billion Future BNE transformation, paving the way for the expansion of Terminal 3 and more LED and messaging capabilities ahead of the 2032 games. By transitioning from a fragmented legacy setup, BAC has unlocked a foundation built for long-term operational efficiency.

“For me, managing an ageing infrastructure before we moved to the new LG digital displays was costing us quite a lot from a maintenance and an ongoing perspective,” says Tully-Smith, “The move to the new LG SuperSign, but also the new LG screens, has driven down my operational cost significantly across the airport.”

This newfound efficiency has helped BAC focus on what’s most critical – passenger experience.

“It’s important for us to have a partner like LG. The innovation and the fresh thought that team brings has really helped me accelerate the digital experience across all of our terminals,” says Tully-Smith.

Read the full case study: LG Displays and SuperSign CMS power Brisbane Airport’s digital transformation

LG SuperSign CMS is purchased separately.

About LG Electronics
LG Electronics is focused on developing new innovations across information displays. We are committed to providing commercial electronic products that help businesses perform better. We offer a wide range of products, including information displays, digital signage for advertising, commercial system air conditioners, VRF systems and tailored solutions for different vertical markets.

About Brisbane Airport Corporation
Brisbane Airport Corporation (BAC), the operator of Brisbane Airport (BNE), is a private, unlisted Queensland company that proudly takes on the challenge of connecting Australia to the world. BAC’s passion and perseverance have cemented BNE as Queensland’s most important gateway, a leading hub for Australia, and an award-winning source of pride for its communities.

About Programmed
Programmed is a leading provider of Facility Management, Maintenance, and Staffing solutions across Australia and New Zealand. Programmed employs over 32,000 people every year across a broad range of industries and partners with more than 10,000 customers, small and large.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/why-brisbane-airport-selected-lg-for-its-landmark-digital-infrastructure-upgrade-302935816.html

SOURCE LG Electronics

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Advantech Powers High-Density Edge Infrastructure with the Intel Atom P6900 Processor-Based SOM-5994 Module

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19 minutes ago

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November 11, 2026

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TAIPEI, Nov. 10, 2026 /PRNewswire/ — Advantech, a global leader in embedded computing and edge AI solutions, has announced the launch of the SOM-5994, a COM Express Basic Type 7 module powered by Intel Atom P6900 processors. Designed for compute-intensive edge networking, 5G infrastructure, and next-generation telecommunication applications, the SOM-5994 delivers high-core-density processing, advanced networking connectivity, and flexible expansion capabilities in a standardized COM Express form factor. The module supports up to 24 server class efficient- cores, PCIe Gen4 expansion, DDR5 SODIMM memory, and integrated Intel Ethernet technology supporting 10GBASE-KR connectivity. An extended operating temperature range of -40°C to 85°C is available as an option for industrial deployments. Combined with Advantech’s Computer On Module (COM) Design-In Services—which include carrier board design support, BIOS customization, thermal design guidance, system validation, and lifecycle management—the SOM-5994 enables OEMs and system integrators to accelerate product development, reduce engineering complexity, and shorten time-to-market. Optimized for packet-processing and data-intensive networking workloads, it provides a scalable foundation for next-generation network edge appliances.

Optimized for High-Performance Networking Workloads

Powered by Intel Atom P6900 processors specifically designed for networking and telecommunications applications, the SOM-5994 combines high core density, advanced I/O connectivity, and flexible scalability within a compact COM Express Basic Type 7 module.

When compared to the Intel Xeon D-1700 processor family, the SOM-5994 with Intel Atom P6900 processors delivers higher overall performance. Offerings range from efficient 8-core to 24-core SoCs with thermal design power (TDP) spanning 50W to 86W, enabling system designers to balance compute density, power consumption, and thermal budgets to meet specific application requirements.

The module supports up to 128GB of DDR5-5600 memory and provides up to 16 PCIe Gen4 lanes and 16 PCIe Gen3/Gen2 lanes, delivering the bandwidth required for virtualization, packet inspection, software-defined networking (SDN), network security, and other data-intensive networking workloads. For networking connectivity, the SOM-5994 integrates four 10GBASE-KR Ethernet interfaces for backplane applications alongside an integrated Ethernet controller supporting up to 2.5GbE, enabling flexible deployment across a wide range of networking architectures.

Comprehensive Software and Design-In Support

Beyond hardware performance, the SOM-5994 is backed by Advantech’s comprehensive Embedded Solutions and Design-In Services, helping customers accelerate product development and reduce engineering risks. These services include carrier board design support, BIOS customization, thermal solution consultation, Linux development resources, system validation, and long-term lifecycle management. Together, they enable OEMs to streamline development while ensuring platform reliability across the entire operating lifespan.

The module also supports Advantech SUSI APIs, Yocto project integration, and customizable BIOS features, providing developers with a flexible software framework for hardware monitoring, system management, and Linux deployment. Furthermore, when paired with the optional SOM-RM10 BMC carrier card, the platform enables robust out-of-band (OOB) management—delivering secure real-time monitoring, remote debugging, and automated system recovery.

Accelerating Next-Generation Edge Networking Deployment

As edge computing, AI services, and industrial networking demand higher throughput, lower latency, and greater power efficiency, OEMs face mounting pressure to innovate under tight schedules and budgets. Powered by Intel Atom P6900 Series processors, the SOM-5994 COM Express Basic Type 7 module offers a modular, ready-to-integrate solution. By leveraging existing carrier board designs across multiple product generations, customers can drastically cut NRE costs, streamline validation, and lower design risks. Supported by Advantech’s global ecosystem and design-in services, the SOM-5994 delivers a scalable foundation that empowers OEMs to bring robust networking and edge infrastructure solutions to market faster.

Key Features

Intel Atom P6900 ProcessorsCOM Express R3.1 Basic Module Type 7 pinout8~24 Efficient-cores, with Max. TDP 86WDual-Channel DDR5-5600MT/s up to 128GB SODIMMHigh speed Intel Ethernet (4 x 10GBASE-KR interfaces, one 2.5GbE)Multiple Expansions (16x PCIe Gen4, 16x PCIe Gen3/2, 4x USB3.0, SATA3)Supports Yocto, Embedded BIOS, SUSI API and DeviceOn

The Advantech SOM-5994 will be available in Q2, 2027. For more information regarding SOM-5994 or other Advantech products and services, please contact Advantech’s sales support team or visit our website at https://www2.advantech.com/embedded-boards-design-in-services/com/

About Embedded Solutions & Design-in Service

Advantech Embedded Solutions & Design-in Service offers a one-stop service model for the integration of embedded boards, systems, software, displays, and peripherals. This model uses customer-centric design-in services to accelerate AI and IoT deployment. Solution providers expect to reduce the time and resources required for system integration by collaborating with reliable professional embedded partners. We offer the latest embedded technology and value-added software that customers can leverage to integrate their end application software. Our comprehensive range of peripherals free customers from worrying about compatibility and longevity issues. Advantech Embedded Design-in Services provide a value-added service that eliminates complex integration difficulties.
https://www.advantech.com/en-us/solutions/embedded-modules-and-design-in-services 

About Advantech

Advantech’s corporate vision is to enable an intelligent planet. The company is a global leader in the fields of IoT intelligent systems and embedded platforms. To embrace the trends of IoT, big data, and artificial intelligence, Advantech promotes IoT hardware and software solutions with the Edge Intelligence WISE-PaaS core to assist business partners and clients in connecting their industrial chains. Advantech is also working with business partners to co-create business ecosystems that accelerate the goal of industrial intelligence. (www.advantech.com)

©Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/advantech-powers-high-density-edge-infrastructure-with-the-intel-atom-p6900-processor-based-som-5994-module-302935828.html

SOURCE Advantech

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