Pan African Resources (GB:PAF) has released an update.
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Pan African Resources is set to issue 112,813,217 new ordinary shares following shareholder approval, with trading expected to commence on the London Stock Exchange and JSE Main Board by December 10, 2024. This move will increase the company’s issued share capital, providing an opportunity for investors to reassess their stakes in the firm. The new shares will align with existing shares, maintaining consistency in shareholder rights.
For further insights into GB:PAF stock, check out TipRanks’ Stock Analysis page.