PensionBee Group PLC (GB:PBEE) has released an update.
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PensionBee Group PLC has successfully raised £20 million through a placing of new ordinary shares, underscoring strong investor confidence as the offer was oversubscribed. The shares, priced at 185 pence each, are set to be admitted for trading on the London Stock Exchange, increasing the company’s total share count to over 236 million. This move highlights PensionBee’s growth ambitions in the consumer retirement market, backed by both existing and new institutional investors.
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