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Alphawave IP Group ( (GB:AWE) ) has shared an update.
Alphawave IP Group has applied for a block listing of 50 million Ordinary Shares on the London Stock Exchange, following shareholder approval to amend the share issuance limits under its employee share schemes. This move, expected to be effective on February 24, 2025, is part of Alphawave’s Long-Term Incentive Plan, potentially strengthening its market position by aligning employee interests with company growth.
More about Alphawave IP Group
Alphawave IP Group plc operates in the semiconductor industry, focusing on the development and licensing of high-performance connectivity solutions. The company’s primary products include silicon IP solutions designed for data centers, networking, and AI markets, aiming to enhance data processing capabilities.
YTD Price Performance: 74.14%
Average Trading Volume: 2,116,797
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.11B
For a thorough assessment of AWE stock, go to TipRanks’ Stock Analysis page.
