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Ascent Resources Issues New Shares, Increases Voting Rights
Company Announcements

Ascent Resources Issues New Shares, Increases Voting Rights

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Invest with Confidence:

Ascent Resources ( (GB:AST) ) has provided an announcement.

Ascent Resources Plc has announced the issuance of 1,149,058 new ordinary shares at a price of 2.3 pence per share. This includes shares allocated to a former director for past services and to Optimo Research for future services. The new shares are expected to be admitted to trading on AIM by 31 January 2025. This issuance will increase the total number of ordinary shares to 308,652,323, affecting the voting rights and potentially impacting shareholder interests as per the FCA’s guidelines.

More about Ascent Resources

YTD Price Performance: -15.22%

Average Trading Volume: 754,861

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £6M

Find detailed analytics on AST stock on TipRanks’ Stock Analysis page.

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