FRP Advisory Group Plc (GB:FRP) has released an update.
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FRP Advisory Group plc has successfully completed an oversubscribed placing of shares, indicating strong investor confidence in its growth strategy and business performance since its 2020 IPO. The placing involved 20,365,453 shares at a price of 128 pence each, with directors Geoff Rowley and Jeremy French participating in the sale. Lock-in agreements have been extended for shareholders, ensuring stability in share ownership until at least July 2026.
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