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Insight Business Support Plc ( (GB:KLSO) ) has shared an update.
Kelso Group Holdings Plc has successfully raised £2.05 million through the issuance of new ordinary shares, which will be used to expand its investment portfolio. This strategic move aims to balance risk and reward, enhancing Kelso’s market position in the UK small cap sector. The new shares will be admitted to the London Stock Exchange, increasing the company’s total share capital and voting rights, and reflecting strong shareholder support for Kelso’s investment strategy.
More about Insight Business Support Plc
Kelso Group Holdings Plc, established in November 2022, operates as an acquisition vehicle focused on identifying and unlocking trapped value in the UK stock market. The company targets investment opportunities where there is a discrepancy between a company’s intrinsic value and its stock market valuation, particularly where the sum of the parts of a business is greater than its current market value.
Average Trading Volume: 354,613
Technical Sentiment Signal: Buy
Current Market Cap: £10.77M
For detailed information about KLSO stock, go to TipRanks’ Stock Analysis page.