Eleco Increases Issued Share Capital After Option Exercise

Eleco ( (GB:ELCO) ) just unveiled an update.

Eleco plc has issued and allotted 125,000 new ordinary shares of 1 pence each following the exercise of options under its 2014 Share Option Plan, and has applied for these shares to be admitted to trading on AIM with admission expected on 30 January 2026. Following admission, the company’s total issued share capital and voting rights will rise to 83,802,397 ordinary shares, a modest dilution that marginally increases the free float and reflects ongoing use of equity-based incentives without any shares held in treasury.

The most recent analyst rating on (GB:ELCO) stock is a Hold with a £146.00 price target. To see the full list of analyst forecasts on Eleco stock, see the GB:ELCO Stock Forecast page.

Spark’s Take on GB:ELCO Stock

According to Spark, TipRanks’ AI Analyst, GB:ELCO is a Neutral.

Eleco’s strong financial performance and positive corporate events are offset by bearish technical indicators and a high valuation. The company’s robust revenue growth, profitability, and strategic initiatives support its competitive position, but technical analysis suggests caution due to potential downward pressure.

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

More about Eleco

Eleco plc is an AIM-listed international specialist software provider to the built environment, operating through brands including Elecosoft, BestOutcome, PEMAC, Vertical Digital and Veeuze from centres in the UK, Ireland, Sweden, Germany, the Netherlands, Romania and the USA. Its software is used across the building lifecycle, from planning and design through construction, fit-out, asset and facilities management, supporting project management, estimation, visualisation, BIM and property management for a global customer base.

Average Trading Volume: 78,236

Technical Sentiment Signal: Sell

Current Market Cap: £108.8M

For a thorough assessment of ELCO stock, go to TipRanks’ Stock Analysis page.