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Shawbrook Group Plc ( (GB:SHAW) ) just unveiled an update.
Shawbrook Group plc has announced the exercise of an over-allotment option related to its initial public offering, resulting in the issuance of approximately 13.7 million additional ordinary shares at 370 pence per share. This move increases the total size of the offer to approximately £398 million, representing about 21% of Shawbrook’s ordinary shares, potentially enhancing its market presence and financial capacity.
More about Shawbrook Group Plc
Average Trading Volume: 1,136,200
Current Market Cap: £850.4M
For an in-depth examination of SHAW stock, go to TipRanks’ Overview page.