Solid State (GB:SOLI) has released an update.
Solid State PLC has announced the issuance of over 45 million new ordinary shares to improve liquidity and make its shares more accessible, with trading of these ‘Bonus Shares’ expected to commence on October 2, 2024. This Bonus Issue will not affect current shareholders’ percentage holdings and aims to increase the company’s issued share capital. Solid State, known for its rugged electronics and presence in critical industries from defense to medical, has a strong history of growth and market presence since its establishment in 1971.
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