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Satsuma Technology PLC Pursues Uplisting on LSE

Story Highlights
  • Satsuma Technology PLC is seeking readmission to the Equity Shares segment on the LSE.
  • The uplisting aims to enhance business flexibility and align with governance standards.
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Satsuma Technology PLC Pursues Uplisting on LSE

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Streaks Gaming Plc ( (GB:SATS) ) has provided an update.

Satsuma Technology PLC is working towards readmission to the Equity Shares segment of the Official List on the London Stock Exchange. The company is preparing a full prospectus and appointing a sponsor to facilitate this uplisting, which is expected to be completed by December 30, 2025, pending FCA approval. This move is part of Satsuma’s strategy to enhance its business plan flexibility and align with the UK Corporate Governance Code, aiming for inclusion in relevant market indices. The uplisting follows a significantly oversubscribed fundraising, considered a reverse takeover, and reflects Satsuma’s commitment to transparency and long-term growth.

More about Streaks Gaming Plc

Average Trading Volume: 5,509,927

Technical Sentiment Signal: Sell

Current Market Cap: £8.71M

For an in-depth examination of SATS stock, go to TipRanks’ Overview page.

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