PensionBee Group PLC (GB:PBEE) 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
PensionBee Group PLC has successfully raised £20 million through a placing of new ordinary shares, underscoring strong investor confidence as the offer was oversubscribed. The shares, priced at 185 pence each, are set to be admitted for trading on the London Stock Exchange, increasing the company’s total share count to over 236 million. This move highlights PensionBee’s growth ambitions in the consumer retirement market, backed by both existing and new institutional investors.
For further insights into GB:PBEE stock, check out TipRanks’ Stock Analysis page.
