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Bridgepoint Group to Issue New Ordinary Shares for Incentive Plan

Story Highlights
  • Bridgepoint plans to issue 1,762,501 new shares for its Long Term Incentive Plan.
  • The new shares will increase Bridgepoint’s total share capital to 825,563,402 with voting rights.
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Bridgepoint Group to Issue New Ordinary Shares for Incentive Plan

Bridgepoint Group Plc ( (GB:BPT) ) has issued an update.

Bridgepoint Group Plc has announced its intention to issue 1,762,501 new ordinary shares to satisfy vesting awards under its Long Term Incentive Plan. These shares will be listed on the London Stock Exchange, increasing the company’s total issued share capital to 825,563,402 ordinary shares with voting rights. This move is expected to enhance Bridgepoint’s market presence and provide stakeholders with updated metrics for interest notifications under the Disclosure Guidance and Transparency Rules.

More about Bridgepoint Group Plc

Bridgepoint Group Plc is a leading international alternative asset fund management firm, specializing in private equity investments across various sectors. The company focuses on acquiring and developing businesses in Europe and other regions, aiming to create value through strategic management and operational improvements.

YTD Price Performance: -6.83%

Average Trading Volume: 537,111

Technical Sentiment Signal: Sell

Current Market Cap: £2.76B

See more insights into BPT stock on TipRanks’ Stock Analysis page.

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