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Gateley Issues New Shares to Complete Groom Wilkes & Wright Acquisition

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Gateley Issues New Shares to Complete Groom Wilkes & Wright Acquisition

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An announcement from Gateley (Holdings) ( (GB:GTLY) ) is now available.

Gateley (Holdings) Plc has issued 1,145,650 new ordinary shares as consideration to the members of Groom Wilkes & Wright LLP, completing a share-based element of the previously announced acquisition. The new shares are expected to be admitted to trading on AIM on 30 December 2025, increasing Gateley’s total issued share capital to 137,271,513 ordinary shares, a change that adjusts the company’s voting rights base and will be used by investors to assess disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:GTLY) stock is a Hold with a £106.00 price target. To see the full list of analyst forecasts on Gateley (Holdings) stock, see the GB:GTLY Stock Forecast page.

Spark’s Take on GB:GTLY Stock

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

Gateley (Holdings) faces challenges with declining profitability and bearish technical indicators. However, positive corporate events and a high dividend yield provide some support. The stock’s high P/E ratio suggests overvaluation, but strategic initiatives and shareholder confidence offer potential for future improvement.

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

More about Gateley (Holdings)

Gateley (Holdings) Plc is an AIM-quoted professional services group, providing legal and related advisory services to corporate and institutional clients in the UK market. The group expands its offering through strategic acquisitions to broaden its sector expertise and geographical reach.

Average Trading Volume: 216,347

Technical Sentiment Signal: Sell

Current Market Cap: £143.6M

See more insights into GTLY stock on TipRanks’ Stock Analysis page.

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