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The latest announcement is out from Journeo ( (GB:JNEO) ).
Journeo plc has announced the issuance of 18,750 new ordinary shares resulting from an employee exercising options under the EMI Scheme. These shares will be admitted to trading on AIM, bringing the total number of shares in issue to 16,970,428. This move is part of Journeo’s ongoing efforts to support its growth and operations in providing advanced transport solutions. The issuance reflects the company’s strategic direction and its commitment to expanding its market presence within the transport systems industry, potentially impacting shareholder interests and market dynamics.
More about Journeo
Journeo plc is a leading provider of Intelligent Transport Systems, delivering solutions across towns, cities, airports, and public transport networks. The company collaborates with local authorities, Network Rail, and multinational transport operators, offering products and services that enhance efficiency and sustainability. Its operations include fleet systems, passenger systems, information displays for rail applications, and services in Denmark, Sweden, and Iceland. Journeo has invested over £6 million in R&D to offer innovative, IoT-based, and scalable solutions for modern transportation needs.
YTD Price Performance: 4.24%
Average Trading Volume: 56,407
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £48.6M
Learn more about JNEO stock on TipRanks’ Stock Analysis page.
