Revolution Bars (GB:RBG) has released an update.
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Revolution Bars Group plc has successfully passed all resolutions at its recent General Meeting, signaling shareholder approval for the authorization to issue new ordinary shares and the disapplication of pre-emption rights as part of its fundraising efforts. The move, supported by a substantial majority of votes, positions the hospitality company to restructure and strengthen its business in response to the changing market. Non-Executive Chairman Keith Edelman expressed gratitude for the shareholders’ support and the team’s resilience during challenging times.
For further insights into GB:RBG stock, check out TipRanks’ Stock Analysis page.
