Platform shares set to rise from £4 to £8

The platform share floor is set to rise from £4 to £8.

This is the next scheduled step in the way platform shares are valued. It is not a market move. It is not sentiment. It is the framework working as designed.

WHY NOW

The platform share floor only ever moves when the business itself has moved forward. Two things have just happened that justify this uplift:

The Project Kinross public consultations are complete. Boundary amendments have been submitted. The statutory consultees have had their say. The project is now on the path to delivery.

The platform continues to operate inside Gate 1 of the FCA Digital Securities Sandbox, the joint regime run with the Bank of England and HM Treasury. Every part of the model has had to stand up to live regulatory review, and it has.

WHAT THE FLOOR ACTUALLY IS

The platform share floor is the issue price below which new platform shares are not sold. It is not a target. It is not a forecast of future return. It is a record of where the business is today, in valuation terms, based on what has been delivered.

To date, the floor has only ever moved up. Every uplift has been tied to a real operational milestone. That is the policy.

WHAT IT MEANS FOR EXISTING HOLDERS

If you already hold platform shares, nothing about your existing holding changes. Your shares do not expire. Your share count does not change. The floor adjustment applies only to new shares issued after the change takes effect.

Any new platform shares purchased before the new floor takes effect will be priced at the current £4 floor. Once the new floor is live, new issuances will be at £8.

A REMINDER ON THE MODEL

Platform shares are a regulated instrument tracked on chain for audit purposes only. They are not a speculative asset traded on an open exchange. They are not exposed to the kind of overnight price swings you see in unregulated crypto markets.

The precise effective date of the new floor will be confirmed in a separate update. Any questions, message us through the support channel and a real person on the team will come back to you.