Castelnau Group Expands Equity Amid Growth

Castelnau Group Limited (GB:CGL) has released an update.

Castelnau Group Limited has issued 554,578 new ordinary shares at 77.5 pence each, a price above the current net asset value, expanding its share capital to 319,189,834 shares with voting rights. This move leverages the company’s block listing facility and provides shareholders with a new benchmark for monitoring their ownership stakes.

For further insights into GB:CGL stock, check out TipRanks’ Stock Analysis page.