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Beacon Rise Holdings Updates on Share Issuance and Voting Rights

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Beacon Rise Holdings Updates on Share Issuance and Voting Rights

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Beacon Rise Holdings PLC ( (GB:BRS) ) just unveiled an announcement.

Beacon Rise Holdings PLC announced an update regarding the issuance of new ordinary shares and total voting rights. The company initially issued 120,000 shares but failed to apply for their admission to trading on the FCA’s Official List and the London Stock Exchange. A subsequent proposal to issue 250,000 shares was adjusted to 111,149 shares due to regulatory constraints, raising approximately £0.18 million. The company is exploring alternative options for the remaining proposed fundraise, considering upcoming regulatory changes. Admission of the shares is expected by 1 October 2025, with a total of 1,411,482 shares in issue post-admission.

More about Beacon Rise Holdings PLC

Average Trading Volume: 3,928

Technical Sentiment Signal: Buy

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

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