World Chess PLC ( (GB:CHSS) ) has provided an update.
World Chess Plc has announced the issuance of 22,666,672 new ordinary shares following the receipt of amounts due under a subscription agreement with Blitz Intelligence FZCO and the exercise of a put option agreement. These shares are expected to be admitted to the London Stock Exchange’s Main Market by 28 February 2025, increasing the company’s total issued ordinary share capital to 715,108,659 shares. This move is significant for shareholders as it affects the total voting rights and may require them to notify changes in their interest in the company under the Financial Conduct Authority’s rules.
More about World Chess PLC
World Chess Plc is a London-based chess gaming and entertainment company and an 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 made significant strides in the industry by securing major media partnerships. 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: 312,382
Technical Sentiment Consensus Rating: Buy
See more data about CHSS stock on TipRanks’ Stock Analysis page.