Harworth Group Expands Share Issuance Under Save As You Earn Scheme

An update from Harworth ( (GB:HWG) ) is now available.

Harworth Group plc has issued 2,580 new ordinary shares at a nominal price of 10 pence each, following the exercise of share options under its Save As You Earn Scheme. This issuance brings the total number of ordinary shares in circulation to 325,733,647, which shareholders can use as a reference for calculating their interest in the company under the Financial Conduct Authority’s rules.

Spark’s Take on GB:HWG Stock

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

Harworth Group shows strong financial performance with significant revenue growth and profitability. The undervaluation suggests potential upside, although mixed technical signals warrant caution. Overall, a solid stock with opportunities for growth leveraged through strategic corporate actions.

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

More about Harworth

Harworth Group plc is a leading land and property regenerator specializing in sustainable developments. The company owns, develops, and manages a portfolio of over 15,000 acres of strategic land across more than 100 sites in the North of England and Midlands. Harworth focuses on transforming former industrial sites into new industrial and logistics developments and serviced residential land, aiming to create sustainable communities that support new homes, jobs, and vibrant living spaces.

Average Trading Volume: 220,729

Technical Sentiment Signal: Buy

Current Market Cap: £546.6M

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