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Defence Holdings PLC Announces FCA Approval for £3.45 Million Placing

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Defence Holdings PLC Announces FCA Approval for £3.45 Million Placing

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Guild Esports ( (GB:ALRT) ) just unveiled an update.

Defence Holdings PLC has announced that the Financial Conduct Authority has approved its Prospectus related to a £3.45 million Placing. The company will issue over 1 billion new Ordinary Shares, which are expected to be admitted to the London Stock Exchange on 31 July 2025. This move is part of Defence Holdings’ strategy to strengthen its financial position and expand its capabilities in the defence and security sector, potentially impacting its market positioning and stakeholder interests.

More about Guild Esports

Defence Holdings PLC, headquartered in London, is a publicly listed company trading under the stock ticker ALRT. The company focuses on delivering high-performance defence and security solutions for the UK and European markets. It aims to develop and acquire advanced sensors, AI-driven analytics, secure communications, and autonomous platforms to enhance operational advantages across land, sea, air, space, and cyber domains.

YTD Price Performance: 981.08%

Average Trading Volume: 36,323,447

Technical Sentiment Signal: Buy

Current Market Cap: £3.22M

For detailed information about ALRT stock, go to TipRanks’ Stock Analysis page.

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