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Goldplat Opts for Cash Settlement of RSUs to Avoid Shareholder Dilution

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Goldplat Opts for Cash Settlement of RSUs to Avoid Shareholder Dilution

Elevate Your Investing Strategy:

Goldplat ( (GB:GDP) ) has shared an update.

Goldplat plc has decided to settle the previously awarded Restricted Share Units (RSUs) to its CFO and COO in cash rather than issuing new ordinary shares. This decision, aimed at administrative simplicity and avoiding shareholder dilution, involves canceling 400,000 RSUs and compensating based on the volume-weighted average price of Goldplat’s shares.

Spark’s Take on GB:GDP Stock

According to Spark, TipRanks’ AI Analyst, GB:GDP is a Outperform.

Goldplat’s strong financial performance and attractive valuation are the primary drivers of its overall score, suggesting a solid investment potential. However, bearish technical indicators caution against immediate price gains. The absence of earnings call and corporate event data means these factors did not influence the score.

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

More about Goldplat

Goldplat plc is an AIM-listed mining services group with international gold recovery operations located in South Africa and Ghana, primarily serving the African and South American mining industry.

Average Trading Volume: 248,350

Technical Sentiment Signal: Sell

Current Market Cap: £10.67M

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

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