Sabien Technology (GB:SNT) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Sabien Technology Group has issued 448,717 new ordinary shares to its non-executive directors, Charles Goodfellow and Ranald McGregor-Smith, in lieu of £43,750 of outstanding remuneration. This move supports the company’s cost-saving strategy and helps manage cash flow without diluting shareholder value in a challenging funding environment. Sabien’s shares will soon commence trading on AIM, increasing the total shares in issue to 25,027,383.
For further insights into GB:SNT stock, check out TipRanks’ Stock Analysis page.