Telecom Plus ( (GB:TEP) ) just unveiled an update.
Telecom Plus PLC has announced a block listing application for 115,000 ordinary shares on the London Stock Exchange, which are reserved under existing share option plans. This move is expected to enhance the company’s financial flexibility and potentially strengthen its market position by aligning employee and consultant interests with corporate growth.
More about Telecom Plus
Telecom Plus PLC operates in the telecommunications industry, providing a range of services including employee and networker share option plans. The company is focused on enhancing its market presence through strategic financial maneuvers.
YTD Price Performance: -1.63%
Average Trading Volume: 86,783
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.34B
For a thorough assessment of TEP stock, go to TipRanks’ Stock Analysis page.