Prime Focus Limited — Important, 18-02-2025: General Updates

Brahma AI Holdings Limited, a step-down subsidiary of Prime Focus Limited, is set to raise US$ 10 million from United Al Saqer Group, a prominent investor based in Abu Dhabi. This investment aims to bolster Brahma's operations, which was established in December 2024 and currently reports no turnover or net worth. The agreement for funding was made on February 13, 2025, with an expected completion within ten business days following February 14, 2025. Notably, this transaction does not involve related parties and is categorized as outside any existing scheme of arrangement. This development could provide Prime Focus with a strategic edge and potential growth opportunities, warranting close observation from investors.