Caspian Sunrise (GB:CASP) has released an update.
Caspian Sunrise PLC has issued over 4.47 million new shares to settle advisor fees and expects these shares to start trading on the AIM market by late April 2024. Additionally, the company has restructured its stock options, cancelling and issuing new options for director Seokwoo Shin, and extending the exercise date for options held by chairman Clive Carver. These corporate actions are expected to slightly dilute existing shares, with outstanding options now representing 0.75% of the issued share capital.
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