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Calnex Solutions Expands Share Capital with New Issue
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Calnex Solutions Expands Share Capital with New Issue

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An announcement from Calnex Solutions ( (GB:CLX) ) is now available.

Calnex Solutions plc has announced the issuance of 333,334 new ordinary shares following the exercise of options under its equity incentive schemes. These shares will be admitted to AIM trading, increasing the total share capital to 87,891,636 ordinary shares. This move is part of Calnex’s ongoing efforts to enhance its market participation and provides stakeholders with updated share capital information for compliance with the UK Financial Conduct Authority’s regulations.

More about Calnex Solutions

Calnex Solutions plc is a prominent provider of test and measurement solutions for the telecommunications and cloud computing sectors. The company offers products that support R&D, pre-deployment, and in-service testing for network technologies and applications, helping clients validate the performance of critical infrastructure. Calnex serves a global market, with a customer base that includes major corporations like BT, China Mobile, NTT, Ericsson, Nokia, Intel, Qualcomm, IBM, and Meta. Established in 2006 and headquartered in Linlithgow, Scotland, Calnex has additional offices in Belfast, Stevenage, and California, and a network of partners worldwide.

YTD Price Performance: -3.68%

Average Trading Volume: 72,483

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £57.35M

See more insights into CLX stock on TipRanks’ Stock Analysis page.

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