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Windar Photonics Issues Shares to Settle Director Fees

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Windar Photonics Issues Shares to Settle Director Fees

Windar Photonics ( (GB:WPHO) ) has shared an announcement.

Windar Photonics PLC has issued 329,956 new ordinary shares to settle Non-Executive Director fees for the year ending December 2024. This move reflects the company’s strategy to manage its financial obligations through equity issuance, potentially affecting shareholder voting rights and market perception.

More about Windar Photonics

Windar Photonics PLC is a technology group specializing in the development of LiDAR wind sensors and software designed to enhance wind turbine performance across various platforms.

YTD Price Performance: -24.79%

Average Trading Volume: 84,161

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £43.7M

Learn more about WPHO stock on TipRanks’ Stock Analysis page.

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