tiprankstipranks
Advertisement
Advertisement

Tiger Alpha Raises £1.55m via AIM Share Placing

Story Highlights
  • Tiger Alpha PLC raised £1.55 million by issuing 413.3 million new shares on AIM.
  • The enlarged share capital updates voting rights calculations and boosts funding flexibility for investments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Claim 30% Off TipRanks

The latest announcement is out from Tiger ( (GB:TIR) ).

Tiger Alpha PLC has raised £1.55 million through a placing of 413,333,333 new ordinary shares at 0.375p each, expanding its issued share capital to 853,943,988 voting shares. The new shares will be admitted to trading on AIM and rank pari passu with existing stock, slightly diluting existing holdings but strengthening the company’s funding base.

Following admission, shareholders can use the updated total voting rights figure to assess whether they must disclose holdings under UK transparency rules. The transaction underscores Tiger’s continued access to equity markets and may enhance its flexibility to pursue future investments, with advisory support provided by Beaumont Cornish and its appointed brokers.

The most recent analyst rating on (GB:TIR) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Tiger stock, see the GB:TIR Stock Forecast page.

Spark’s Take on GB:TIR Stock

According to Spark, TipRanks’ AI Analyst, GB:TIR is a Neutral.

The score is held down primarily by very weak financial performance (multi-year losses, ongoing cash burn, and negative equity in 2024). Technicals also lean bearish given price below key longer-term moving averages and a negative MACD, while valuation is further pressured by a negative P/E tied to losses.

To see Spark’s full report on GB:TIR stock, click here.

More about Tiger

Tiger Alpha PLC, which trades on London’s AIM market, operates as an investment company, deploying capital into listed and unlisted opportunities. The firm targets value-creation in small and mid-cap situations, offering investors exposure to a diversified portfolio of growth and recovery assets within the UK market and beyond.

Average Trading Volume: 4,163,565

Technical Sentiment Signal: Sell

Find detailed analytics on TIR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1