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Pensana Issues Over 1.1 Million New Shares to Quark and Riverfort

Story Highlights
  • Pensana has issued 1,113,106 new ordinary shares to Quark and Riverfort.
  • The share issue raises fresh equity, lifts total stock to 339.25 million, and updates voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pensana Issues Over 1.1 Million New Shares to Quark and Riverfort

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

Pensana Plc has issued a total of 1,113,106 new ordinary shares, allocating 658,750 shares to Quark Financial Limited under a recent subscription agreement and 474,356 shares to Riverfort Global Opportunities PCC Ltd through the exercise of warrants linked to an earlier secured investment deal. The new shares, expected to be admitted to trading on the London Stock Exchange’s Main Market on 24 December 2025, increase Pensana’s issued share capital to 339,247,689 ordinary shares with an equivalent number of voting rights, providing fresh equity funding and slightly diluting existing shareholders while updating the base for regulatory disclosure of significant shareholdings.

More about Pensana Rare Earths PLC

Pensana Plc is a London-listed company involved in the rare earths sector, focusing on the development and production of rare earth materials for use in high-tech and green-energy applications. The company targets downstream markets reliant on critical minerals, positioning itself within the strategic supply chain for energy transition and advanced manufacturing industries.

Average Trading Volume: 1,170,072

Technical Sentiment Signal: Buy

Current Market Cap: £276.6M

For a thorough assessment of PRE stock, go to TipRanks’ Stock Analysis page.

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