LONDON, July 2, 2026, 13:05 BST
- RC365 traded 17.39% higher at 2.70p on the UK market, with 358,989 shares changing hands as of 12:47 BST, based on delayed data.
- The bid-offer was 2.20p to 2.70p, which is around 20% of the mid, making it a wide spread for anyone trying to trade the stock.
- There’s been no new RNS since the June 17 StarCruises POS agreement, which doesn’t have any minimum transaction commitments.
- RC365 said in its interim report that Hatcher Group Limited is to get 50% of revenue from the RC3.0 app for a first 15-year term after launch.
RC365 Holding PLC (LON:RCGH) jumped 17.39% to 2.70p in London Thursday. But trading looked thin. AJ Bell’s delayed feed had just 358,989 shares traded as of 12:47 BST. That’s well below Investors Chronicle’s average volume figure of 2.67 million shares. Market hours ran a standard 8:00 a.m. to 4:30 p.m. BST.
AJ Bell’s latest trade was 1,031 shares done at 2.70p, for £27.84. The stock’s bid is 2.20p and offer 2.70p, so the spread is 0.50p, about 20% of the midpoint. That’s why quoted percentage moves can look big while real trading stays thin.
| Measure | July 2 reading | Investor read-through |
|---|---|---|
| Last/quoted price | 2.70p, jumped 17.39% | Trading back at the offer |
| Volume | 358,989 shares | Roughly 13% of 2.67 million daily average |
| Bid/offer | 2.20p / 2.70p | 0.50p spread, or nearly 20% at the mid |
| Market capitalisation | £4.25 mln | Microcap—liquidity still thin |
| 52-week range | 0.882p-4.35p | Shares sit about 38% under June’s high |
No fresh regulatory news came out Thursday. The last three announcements for RC365 on Investegate’s RNS list are a Merchant POS deal with StarCruises disclosed June 17, a June 10 placing and convertible loan note cancellation, and the soft launch of RC3.0 on June 8.
RC365’s stock action is tough to gauge just from the headline moves. Shares ended June 8 at 1.75p after the RC3.0 soft launch, then soared 128.57% to 4.00p on June 9, Investing.com data shows. The price dropped 40% to 2.40p after the placing was announced June 10. Shares finished July 1 at 2.30p, then climbed to 2.70p on Thursday.
| Date | Close | Change | Volume | Main linked disclosure |
|---|---|---|---|---|
| July 2 | 2.70p | up 17.39% | 358,990 | No new RNS shown |
| July 1 | 2.30p | down 13.21% | 1.63 mln | No new RNS shown |
| June 29 | 2.65p | up 47.22% | 6.10 mln | No new RNS shown |
| June 17 | 2.45p | up 25.64% | 13.77 mln | StarCruises POS agreement |
| June 10 | 2.40p | down 40.00% | 21.14 mln | Placing, CLN cancelled |
| June 9 | 4.00p | up 128.57% | 40.49 mln | After RC3.0 soft launch |
RC365’s Hong Kong unit, Regal Crown Technology, has a new contract with StarCruises to run a live commercial test of RC3.0. Regal Crown will roll out the Merchant Owned Ecosystem POS for StarCruises, and the system takes cryptocurrency. The deal kicked off June 1 and runs for a year, automatically extending unless called off. User acceptance testing was happening, with a go-live expected in June.
The RNS also noted there are no minimum transaction commitments. Revenue will come from a cut of transaction processing fees tied to gross merchant sales on RC3.0. So passenger traffic and merchant sales are the key unknowns.
Chi Kit Law, CEO at RC365, said in the StarCruises RNS that Regal Crown “secured this agreement with an international brand like StarCruises.” In RC3.0’s earlier soft-launch RNS, Law said the platform was “well positioned to support scalable user growth and transaction volume expansion.” Investegate
RC365’s interim report spells out the RC3.0 economics. The company said it must pay Hatcher Group Limited 50% of revenue from the RC3.0 app for 15 years from launch, with one-year extensions after that. There’s also a separate 1% revenue payment on licence sales to YouneeqAI Technical Services Inc., according to the filing.
The revenue split comes alongside the June 17 StarCruises RNS, which mentions recurring transaction revenue but leaves out the fee rate, expected gross merchant sales, and any minimum volume. Shareholders are left watching RC3.0 volume after launch and how much of that revenue actually sits with RC365 after partner cuts.
RC365’s balance sheet is near the current level. The company brought in about £500,000 in June by placing 25 million new shares at 2p each and handing out 1.5 million in fee shares. Its issued share capital now stands at 176,910,421 shares. Investors got 12.5 million warrants at 2.5p, and Bowsprit Partners took 1.75 million broker warrants at 2p.
At 2.70p on Thursday, investor warrants sat 8% above strike, with broker warrants 35% higher, before any limits set by legal or shareholder authority in the RNS. Exercising all of them would bring in 14.25 million new shares and roughly £347,500, using the exercise prices in the statement.
RC365 reported interim revenue of HK$11.9 million for the six months ended Sept. 30, 2025, up from HK$6.1 million last year. Loss after tax narrowed to HK$4.1 million from HK$7.4 million. Cash fell to HK$5.9 million from HK$11.8 million. RCPAY handled HK$14.46 million in remittance and payments, down from HK$18.70 million.
