Bytes Technology Group Confirms Total Voting Rights and Share Capital

Bytes Technology Group Plc ( (GB:BYIT) ) just unveiled an announcement.

Bytes Technology Group plc has confirmed that its issued share capital consists of 236,344,134 ordinary voting shares of £0.01 each, with no shares held in treasury, resulting in an equal number of voting rights. This updated share capital and voting rights figure provides the reference denominator for investors to assess and report any notifiable holdings or changes in their interests in accordance with UK disclosure and transparency rules, reinforcing regulatory clarity for shareholders across its London and Johannesburg listings.

The most recent analyst rating on (GB:BYIT) stock is a Buy with a £394.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.

Spark’s Take on GB:BYIT Stock

According to Spark, TipRanks’ AI Analyst, GB:BYIT is a Outperform.

Bytes Technology Group’s strong financial performance and strategic share buybacks are significant strengths, contributing positively to the stock’s attractiveness. However, the current bearish technical indicators slightly offset these strengths. The valuation remains appealing, providing a balanced investment opportunity.

To see Spark’s full report on GB:BYIT stock, click here.

More about Bytes Technology Group Plc

Bytes Technology Group plc is a technology company listed on the Main Market of the London Stock Exchange with a secondary listing on the Johannesburg Stock Exchange. The group operates within the IT and software solutions sector, serving enterprise and institutional customers through technology procurement and related services in the UK and South Africa.

Average Trading Volume: 730,275

Technical Sentiment Signal: Sell

Current Market Cap: £847.5M

Learn more about BYIT stock on TipRanks’ Stock Analysis page.