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Ten Lifestyle Group Boosts Capital with £5.9 Million Raise
Company Announcements

Ten Lifestyle Group Boosts Capital with £5.9 Million Raise

Ten Lifestyle Group (GB:TENG) has released an update.

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Ten Lifestyle Group plc has successfully raised approximately £5.9 million through a combination of a Placing and Retail Offer, with the issuance of 9,332,853 new Ordinary Shares pending approval at their General Meeting on 16th October 2024. These shares are expected to begin trading on the AIM market on 17th October 2024, increasing the total share count to 95,898,336 with no Ordinary Shares held in treasury. This move aims to drive customer loyalty and expand services for financial institutions and premium brands globally.

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

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