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Petro Matad Expands Equity on AIM Market

Petro Matad Expands Equity on AIM Market

Petro Matad (GB:MATD) has released an update.

Petro Matad Limited, a Mongolian oil exploration company listed on the AIM market of the London Stock Exchange, has announced the application for admission to trading of 306,692,916 new ordinary shares, with trading expected to commence on July 1, 2024. This move will bring the company’s total share capital to 1,420,576,517 ordinary shares, enabling shareholders to recalibrate their stakes in accordance with the FCA’s Disclosure and Transparency Rules.

For further insights into GB:MATD stock, check out TipRanks’ Stock Analysis page.

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