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Kistos Holdings PLC Issues Class C Warrants and Cancels Class B Warrants

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Kistos Holdings PLC Issues Class C Warrants and Cancels Class B Warrants

Elevate Your Investing Strategy:

An update from Kistos PLC ( (GB:KIST) ) is now available.

Kistos Holdings PLC has issued 1,759,066 class C warrants, allowing conversion into new ordinary shares at a price of 385 pence each, following the cancellation of hybrid callable bonds. Additionally, the company has canceled 1,392,594 class B warrants, with 507,406 still remaining, reflecting a strategic move in managing its financial instruments.

The most recent analyst rating on (GB:KIST) stock is a Buy with a £300.00 price target. To see the full list of analyst forecasts on Kistos PLC stock, see the GB:KIST Stock Forecast page.

Spark’s Take on GB:KIST Stock

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

The overall stock score for Kistos PLC is 54, reflecting significant financial challenges and a negative valuation outlook. However, positive technical indicators and corporate events provide some optimism, suggesting potential for strategic recovery and growth.

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

More about Kistos PLC

Kistos Holdings PLC is an independent energy company focused on generating value across the upstream and midstream markets.

Average Trading Volume: 217,612

Technical Sentiment Signal: Buy

Current Market Cap: £135.9M

Find detailed analytics on KIST stock on TipRanks’ Stock Analysis page.

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