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RC365 Holding PLC ( (GB:RCGH) ) just unveiled an update.
RC365 Holding Plc has called a general meeting of shareholders in Hong Kong on 30 March 2026 to seek approval for expanded authorities to issue new ordinary shares. The move follows the company’s unsecured convertible loan note agreement for up to £3 million with VBG Consulting Holdings, intended to fund the development of its fintech operations and geographic expansion.
At the meeting, shareholders will be asked to authorise the issue of up to 1,296,000,000 new ordinary shares over the next three years tied to the conversion of the loan notes, associated interest, fees and various warrants, subject to FCA approval of a prospectus. The potential dilution reflects RC365’s strategy of leveraging convertible financing to support growth, which could significantly reshape its capital structure while providing resources for its international expansion plans.
The most recent analyst rating on (GB:RCGH) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on RC365 Holding PLC stock, see the GB:RCGH Stock Forecast page.
Spark’s Take on GB:RCGH Stock
According to Spark, TipRanks’ AI Analyst, GB:RCGH is a Neutral.
Overall score is pulled down primarily by weak financial performance (declining revenue, losses, high leverage, and negative cash flows). Technical indicators are relatively supportive and partially offset the fundamentals, while valuation impact is neutral due to missing P/E and dividend yield data.
To see Spark’s full report on GB:RCGH stock, click here.
More about RC365 Holding PLC
RC365 Holding Plc is a London-listed financial technology company specialising in payment gateway solutions, IT support and security services. The group focuses on developing fintech capabilities and expanding its presence across the UK, Europe and ASEAN markets, aiming to provide infrastructure for digital payments and related technology services.
Average Trading Volume: 429,869
Technical Sentiment Signal: Sell
Current Market Cap: £2.41M
See more data about RCGH stock on TipRanks’ Stock Analysis page.