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World Chess PLC ( (GB:CHSS) ) has shared an update.
World Chess Plc has announced the issuance of 717,948 new ordinary shares at a price of 3.9p per share to a senior consultant as compensation, with the shares expected to be admitted to the London Stock Exchange on or around 20 January 2025. This move will increase the company’s total issued ordinary share capital to 692,441,987 shares, affecting the voting rights percentages for stakeholders and aligning with the Financial Conduct Authority’s rules on disclosure and transparency.
More about World Chess PLC
World Chess Plc is a London-based chess gaming and entertainment company and the official commercial partner of the Fédération Internationale des Échecs (FIDE). The company is known for organizing FIDE Championship Matches in the USA and the UK and has significantly impacted the chess industry by securing the largest media partnerships in history. World Chess develops the Armageddon chess league for prime-time television and operates the FIDE Online Arena, the exclusive official chess gaming platform.
YTD Price Performance: -13.33%
Average Trading Volume: 339,041
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of CHSS stock, go to TipRanks’ Stock Analysis page.
