Minoan Group plc (GB:MIN) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Minoan Group Plc has announced the issuance of over 14.7 million new ordinary shares at 1p each to settle certain liabilities, separate from a prior proposal related to balance sheet liabilities. The new shares are set to be admitted to trading on the AIM market from May 3, 2024, increasing the total number of shares in issue to approximately 844.4 million. This strategic move is expected to impact shareholder calculations concerning their interest in the company.
For further insights into GB:MIN stock, check out TipRanks’ Stock Analysis page.
