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Harworth Group Seeks Listing for New Share Issuance

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Harworth Group Seeks Listing for New Share Issuance

Harworth ( (GB:HWG) ) has shared an announcement.

Harworth Group plc has applied for 446,666 ordinary shares to be admitted to the premium listing segment of the FCA’s Official List and to trading on the main market of the London Stock Exchange. These shares will be issued to satisfy the exercise of options under the company’s Restricted Share Plan, aligning with existing shares and expected to be admitted by March 5, 2025. This move is part of Harworth’s ongoing efforts to support its growth and operational strategies, potentially enhancing its market position and offering value to stakeholders.

More about Harworth

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment, listed on the Main Market of the London Stock Exchange and a constituent of the FTSE 250 index. The company owns, develops, and manages a portfolio of over 14,000 acres of land across approximately 100 sites in the North of England and Midlands. Harworth specializes in transforming large, complex former industrial sites into new Industrial & Logistics and Residential developments, creating sustainable communities and delivering long-term value for stakeholders.

YTD Price Performance: -5.29%

Average Trading Volume: 157,446

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £521.2M

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

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