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FD Technologies Expands Share Capital Through Employee Share Option Exercise
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FD Technologies Expands Share Capital Through Employee Share Option Exercise

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The latest announcement is out from FD Technologies ( (GB:FDP) ).

FD Technologies plc announced the allotment of 12,000 new ordinary shares following the exercise of share options by certain employees, increasing its total issued share capital to over 28 million shares. The new shares are expected to be admitted for trading on AIM and Euronext Growth by December 19, 2024, enhancing the company’s market presence and potentially impacting its stakeholder value and market positioning in the AI and data analytics industry.

More about FD Technologies

FD Technologies plc operates within the AI and data analytics sector, primarily through its subsidiary KX. KX specializes in AI-ready analytical databases that facilitate the simultaneous ingestion and analysis of both historical and real-time data, allowing organizations to maximize the value of their data. The company’s solutions are utilized by top investment banks, aerospace and defence industries, high-tech manufacturing, and health and life sciences organizations across North America, Europe, and Asia Pacific.

YTD Price Performance: 65.91%

Average Trading Volume: 49,549

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £538.4M

For detailed information about FDP stock, go to TipRanks’ Stock Analysis page.

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