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Global Petroleum Successfully Completes Retail Offer to Strengthen Stakeholder Engagement
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Global Petroleum Successfully Completes Retail Offer to Strengthen Stakeholder Engagement

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Global Petroleum ( (GB:GBP) ) just unveiled an announcement.

Global Petroleum Limited has successfully raised £51,050 through a Retail Offer by issuing 22,688,888 new ordinary shares at a price of 0.225 pence per share. This capital raise, conditional on the shares’ admission to the AIM market, underscores the company’s commitment to offering its retail shareholders equal participation in its financial developments, with promising developments anticipated in 2025.

More about Global Petroleum

Global Petroleum Limited operates in the energy sector, focusing primarily on petroleum exploration and production. The company is listed on the London Stock Exchange AIM market and is committed to involving stakeholders in its growth initiatives.

YTD Price Performance: -31.03%

Average Trading Volume: 87,875,802

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £7.85M

See more insights into GBP stock on TipRanks’ Stock Analysis page.

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