Mustang Energy Plc (GB:CYK) has released an update.
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Cykel AI PLC has made a significant move by applying for the block listing of 141,044,698 ordinary shares at £0.01 each, following the company’s acquisition of Cykel AI Development Limited. These shares are set to be admitted to the London Stock Exchange’s Main Market, expected to take effect on the 5th of September, 2024. This action will rank the new shares equally with the existing ones, potentially impacting the company’s stock market performance.
For further insights into GB:CYK stock, check out TipRanks’ Stock Analysis page.