Mpac Group PLC (GB:MPAC) has released an update.
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Mpac Group PLC has announced the successful completion of their Retail Offer, which was significantly oversubscribed, resulting in the issue of 250,000 Retail Offer Shares at 400 pence each. Shareholders received approximately 20% of their soft pre-emptive allowance in allocation, with the new shares expected to be admitted for trading on the AIM market on October 21, 2024. This move is part of Mpac’s strategy to expand its position as a global leader in high-speed packaging and automation solutions.
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