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Roquefort Therapeutics Issues New Shares to Settle Employee Debt

Story Highlights
  • Roquefort Therapeutics issues 2,466,547 new shares to settle a former employee’s debt.
  • The new shares will be traded on the LSE, increasing total share capital to 157,444,030.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Roquefort Therapeutics Issues New Shares to Settle Employee Debt

Elevate Your Investing Strategy:

Roquefort Investments PLC ( (GB:ROQ) ) has issued an announcement.

Roquefort Therapeutics PLC has announced the issuance of 2,466,547 new ordinary shares to settle amounts owed to a former employee. These shares will be admitted to trading on the London Stock Exchange’s Main Market, increasing the company’s total issued share capital to 157,444,030 ordinary shares. This move reflects the company’s ongoing financial management and strategic positioning in the biotech industry, potentially impacting shareholder calculations under the FCA’s Disclosure and Transparency Rules.

More about Roquefort Investments PLC

Roquefort Therapeutics PLC is a biotech company listed on the London Stock Exchange, focusing on developing first-in-class medicines in the high-value and high-growth immunology and oncology markets. The company’s portfolio includes five novel, patent-protected pre-clinical anti-cancer and immunology assets.

Average Trading Volume: 1,740,886

Technical Sentiment Signal: Sell

Current Market Cap: £2.79M

For detailed information about ROQ stock, go to TipRanks’ Stock Analysis page.

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