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Spotlio AS Expands Share Capital Following Option Exercise

Story Highlights

The latest announcement is out from Canopy Holdings AS ( (DE:6UK) ).

Spotlio AS announced that Christian Erlandson, an advisor to the board and former CEO, has exercised 6,000,000 options under the company’s share-based option program. Consequently, the board has approved an increase in the company’s share capital by NOK 120,000, resulting in a new total share capital of NOK 4,062,804.26. This move reflects Spotlio’s commitment to expanding its market presence and enhancing shareholder value.

More about Canopy Holdings AS

Spotlio AS is a leading company in destination digital technology, providing customized solutions such as apps and e-commerce platforms that transform consumer interactions with resorts, parks, and attractions. With over ten years of experience, Spotlio delivers innovative white label digital solutions and pricing services to enhance global connections and experiences.

YTD Price Performance: 16.67%

Average Trading Volume: 2,333

Technical Sentiment Signal: Strong Buy

Current Market Cap: €4.59M

Learn more about 6UK stock on TipRanks’ Stock Analysis page.

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