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Cordel Group Secures £1M in Successful Share Issue
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Cordel Group Secures £1M in Successful Share Issue

Cordel Group PLC (GB:CRDL) has released an update.

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Cordel Group PLC, an AI platform for transport corridor analytics, has successfully raised £1.0 million through a new share issue, with Rathbones Investment Management Limited significantly increasing its stake. The funding was achieved by issuing over 15 million new Ordinary Shares at a premium, enhancing the company’s financial position and shareholder base.

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

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