Red Rock Resources Announces New Share Issuance
Company Announcements

Red Rock Resources Announces New Share Issuance

Red Rock Resources (GB:RRR) has released an update.

Red Rock Resources Plc, a natural resource company with interests in various metals and hydrocarbons, has issued 80,928,000 new ordinary shares as part of its Share Incentive Plan for the 2023/24 tax year, which included directors’ participation. The shares were issued following the plan’s terms, aiming to encourage employee share ownership and retention. The new shares are expected to be admitted for trading on the AIM market around 25 April 2024, bringing the total voting rights in the company to 4,138,978,811 ordinary shares.

For further insights into GB:RRR stock, check out TipRanks’ Stock Analysis page.

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