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World Chess PLC ( (GB:CHSS) ) just unveiled an update.
World Chess PLC has announced the issuance of 114,348,670 new ordinary shares as part of a strategic investment, with each share priced at approximately 1.3p. These shares are expected to be admitted to the London Stock Exchange on or around 29 August 2025, increasing the company’s total issued ordinary share capital to 879,605,147 shares. This move is significant for shareholders as it affects their voting rights and interest calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:CHSS) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on World Chess PLC stock, see the GB:CHSS Stock Forecast page.
Spark’s Take on GB:CHSS Stock
According to Spark, TipRanks’ AI Analyst, GB:CHSS is a Neutral.
World Chess PLC’s overall stock score is primarily impacted by its poor financial performance and weak technical indicators. While recent corporate events show strategic initiatives and potential for growth, the company’s financial instability and negative valuation metrics weigh heavily on its overall score.
To see Spark’s full report on GB:CHSS stock, click here.
More about World Chess PLC
World Chess PLC is a leading chess gaming and entertainment company and the official commercial partner of the Fédération Internationale des Échecs (FIDE). The company is known for reinventing the sport for modern consumers through its platform, worldchess.com, which offers FIDE-recognized online ratings, and its Armageddon chess league for prime-time television. World Chess has organized major events like the World Chess Championship Matches in New York and London and has secured significant chess media deals. Its shares are traded on the London Stock Exchange under the ticker LSE:CHSS.
Average Trading Volume: 1,139,391
Technical Sentiment Signal: Sell
Current Market Cap: £4.97M
For detailed information about CHSS stock, go to TipRanks’ Stock Analysis page.