Solid State (GB:SOLI) has released an update.
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Solid State PLC has announced plans for a Bonus Issue to increase share liquidity and attract new investors, offering 4 new ordinary shares for each one held at a set record date. The proposal, aimed at rewarding long-term shareholders and enhancing retail investor accessibility, will maintain the value of holdings while increasing the total number of shares issued. Details of the Bonus Issue will be finalized at the upcoming Annual General Meeting, with further information available on the company’s website.
For further insights into GB:SOLI stock, check out TipRanks’ Stock Analysis page.