An announcement from Tribe Technology Plc ( (GB:TRYB) ) is now available.
Tribe Technology PLC announced the successful passing of all resolutions at its recent general meeting, notably the decision to cancel the company’s admission to trading on AIM and re-register as a private limited company under the name Tribe Technology Holdings Ltd. This strategic shift, expected to be completed by March 2025, aims to streamline operations and enhance shareholder value. To facilitate the transition, a matched bargain facility has been set up with JP Jenkins to allow shareholders to trade shares post-cancellation for at least 12 months.
More about Tribe Technology Plc
Established in 2019, Tribe Technology PLC is a disruptive developer and manufacturer in the mining industry, specializing in autonomous reverse circulation drill rigs. The company focuses on creating safer and more efficient work environments through its proprietary Tribe Technology Drilling System (TTDS).
YTD Price Performance: -6.25%
Average Trading Volume: 1,676,122
Technical Sentiment Consensus Rating: Buy
Learn more about TRYB stock on TipRanks’ Stock Analysis page.
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