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Bay Capital Plc ( (GB:BAY) ) has issued an update.
Bay Capital Plc announced the retirement of Peter Tom CBE from his position as Chair and Non-Executive Director, with immediate effect. David Williams will assume the role of Chair, and Tony Morris will join as a Non-Executive Director. The company plans to broaden its investment strategy beyond the industrials sector to include higher growth sectors, while maintaining its core aim of delivering shareholder value through strategic acquisitions. The company holds £4.4 million in cash to support its M&A strategy.
More about Bay Capital Plc
Bay Capital Plc is a Main Market listed acquisition company focused on exploring acquisition and investment opportunities primarily within the industrials sector.
Average Trading Volume: 83,573
Technical Sentiment Signal: Sell
Current Market Cap: £3.33M
See more data about BAY stock on TipRanks’ Stock Analysis page.