tiprankstipranks
Trending News
More News >

Pensana Increases Share Capital with New Equity Issue

Story Highlights
Pensana Increases Share Capital with New Equity Issue

Confident Investing Starts Here:

Pensana Rare Earths PLC ( (GB:PRE) ) has shared an update.

Pensana Rare Earths PLC has issued 2,857,143 new ordinary shares to M&G Investment Management, bringing the total issued share capital to 295,228,239 ordinary shares. This move impacts the company’s total voting rights, which now stands at 295,228,239, and shareholders can use this figure to assess their notification requirements under the Financial Conduct Authority’s rules.

More about Pensana Rare Earths PLC

Pensana Rare Earths PLC operates in the mining industry, focusing on the production and supply of rare earth elements. The company is committed to establishing a sustainable supply chain for these critical materials, which are essential for various high-tech and green energy applications.

Average Trading Volume: 1,172,549

Technical Sentiment Signal: Buy

Current Market Cap: £157.9M

For an in-depth examination of PRE stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1