An announcement from Plexus Holdings ( (GB:POS) ) is now available.
Plexus Holdings PLC has announced a retail offer to raise up to £500,000 through the issuance of new ordinary shares. This fundraising effort is part of a broader initiative to raise £3.0 million, which includes a conditional placing and intended subscription for new shares. The retail offer is specifically targeted at existing shareholders in the UK, and the company emphasizes the importance of its retail shareholder base. The new shares will be admitted to trading on the AIM market, with dealings expected to commence on April 8, 2025. This move is expected to strengthen Plexus Holdings’ financial position and support its operational goals.
More about Plexus Holdings
Plexus Holdings PLC operates in the oil equipment and services sector, focusing on wellhead services. The company is traded on the AIM market and provides specialized equipment and services to the oil and gas industry.
YTD Price Performance: -34.63%
Average Trading Volume: 97,327
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £7.06M
Learn more about POS stock on TipRanks’ Stock Analysis page.