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The latest update is out from Caspian Sunrise ( (GB:CASP) ).
Caspian Sunrise has issued 2,121,210 new ordinary shares as bonus payments to non-board members, with each share priced at 5p. These shares will soon be admitted to trading on AIM, increasing the company’s total issued share capital to over 2.35 billion shares, which will affect shareholder voting rights and transparency obligations.
More about Caspian Sunrise
Caspian Sunrise PLC operates in the energy sector, focusing on oil and gas exploration and production. The company is primarily engaged in developing its assets in the Caspian region, aiming to expand its market presence and enhance shareholder value.
Technical Sentiment Signal: Sell
Current Market Cap: £50.61M
For a thorough assessment of CASP stock, go to TipRanks’ Stock Analysis page.