Electric Guitar PLC (GB:ELEG) has released an update.
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Electric Guitar PLC is expanding its equity through a loan conversion, issuing over 13 million new shares to Sanderson Capital Partners. This move increases Sanderson’s stake to nearly 24% of Electric Guitar’s enlarged share capital. The company aims to enhance its position as a leader in first-party data solutions for digital marketing.
For further insights into GB:ELEG stock, check out TipRanks’ Stock Analysis page.
