PensionBee Group PLC (GB:PBEE) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
PensionBee Group PLC has raised approximately £20 million through the issuance of 10.8 million new ordinary shares, representing 4.8% of its existing shares, with proceeds aimed at expanding its US business. The shares were placed at 185 pence each, matching the closing price on October 23, 2024. This strategic move is designed to support the company’s long-term growth plans and enhance its market presence.
For further insights into GB:PBEE stock, check out TipRanks’ Stock Analysis page.
