London, July 5, 2026, 15:08 BST. RC365 (LON:RCGH) shares jumped Friday, pushing the June warrants into the money after the group announced a deal with Blacksilver, sending volumes higher in London trading.
- RC365 Holding PLC (LON:RCGH) ended Friday at 2.75p, up 12.24%-12.25%. About 8.59 million shares traded.
- The stock gained 52.78% this week, topping the FTSE 350 by 51.15 points, data from the LSE/FTSE Russell tearsheet showed.
- Blacksilver Trust’s agreement shows a clear revenue metric: $5,000 a month per client and per service, increasing 8% each year.
- Shares and warrants from June’s placing finished Friday above their issue or exercise prices, so dilution risk is back on the table.
RC365 Holding PLC (LON:RCGH) finished last week with shares trading back above where its June financing priced. That means investors are now watching RC365’s RC3.0 payment platform effort on its own terms, with focus shifting to the contract fee income versus any dilution from warrants. London stocks were closed Sunday. Regular trading for the London Stock Exchange is Monday to Friday, 8:00 a.m. to 4:30 p.m. BST.
The stock finished Friday at 2.75p, rising 12.24%. Trading volume hit 8.59 million shares, putting the market cap around 4.87 million pounds, according to broker data. It traded about 4.9% of its 176.91 million shares in issue on Friday.
The LSE/FTSE Russell tearsheet from July 3 showed the move far outpacing the UK mid- and large-cap benchmark.
| Period | RC365 share move | Difference vs FTSE 350 |
|---|---|---|
| 1 day | up 12.24% | beating by 11.97 percentage points |
| 1 week | up 52.78% | outpacing by 51.15 percentage points |
| 4 weeks | up 124.49% | ahead 121.59 percentage points |
| Year to date | up 150.00% | above by 142.79 percentage points |
RC365 shares are still down 36.78% from the 52-week high of 4.35p set on June 9, according to Investors’ Chronicle market data.
RC365 shares moved after the company said its RC Tech arm signed a five-year agreement with Blacksilver Trust. The deal has RC Tech supplying business virtual account services, plus support for API services and upgrades to the trust-management system. Implementation starts as soon as the contract is executed.
The fee disclosure gives a general idea of the contract size but only breaks it down by client-service. The company did not say how many chargeable client-service types are planned.
| Blacksilver Trust fee math | Amount |
|---|---|
| Monthly fee | $5,000 per client per service type |
| Year-one run-rate | $60,000 |
| Year-five annual run-rate after 8% yearly rises | about $81,600 |
| Five-year total before mandate fees | about $352,000 |
CEO Chi Kit Law called the Blacksilver deal “a further step in the expansion of our B2B fintech offering” and linked it to the RC3.0 platform. Investegate
The earlier StarCruises deal is tough to model. It runs for a year from June 1, auto-renews, and doesn’t set any minimums on transactions. Revenue depends on a percentage fee from gross merchant sales on RC3.0. Law said Regal Crown Technology got the agreement with “an international brand like StarCruises.” Investegate
RC365’s June raise moves next to the trading debate. The company placed 25 million shares at 2p, for around £500,000 gross, and issued 1.5 million fee shares. RC365 also scrapped an earlier convertible loan-note plan. After this, total voting rights will be 176,910,421.
| June security | Terms | Friday close comparison |
|---|---|---|
| Placing shares | 25.0 million priced at 2p | 37.5% higher than issue price |
| Investor warrants | up to 12.5 million at 2.5p | 10.0% above exercise price |
| Broker warrants | 1.75 million at 2p | 37.5% above exercise price |
Any shares issued under the warrants will need sufficient shareholder approval and must follow all legal and regulatory rules, the company said.
RC365 said revenue hit HK$11.9 million for the six months to Sept. 30, 2025, up from HK$6.1 million a year ago. Gross margin dropped to 39.3%, down from 89.2%. The company posted a loss after tax of HK$4.1 million. Cash was at HK$5.85 million, and it used HK$6.52 million in operating activities.
Looking at next week, there’s nothing scheduled for RC365 on the public calendar. Price-moving news, if any, would probably show up unscheduled — like updates on Blacksilver rollout, StarCruises launch data, or new warrant exercise filings.
