IN BRIEF: Plexus raises GBP549,230 from sale of Treasury shares

Mon, 23rd Oct 2023 18:42

Plexus Holdings PLC - West Sussex-based engineering services provider - Sells around 2.8 million Treasury shares at an average price of 19.97 pence each to raise GBP549,230. Says the funds raised will provide additional working capital as it seeks to capitalise on its growing pipeline of opportunities and potential orders. Following this sale, the company has around 103 million ordinary shares in issue, with 2.2 million shares held in Treasury.

Current stock price: 22.00 pence

12-month change: up from 2.60p

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Related Shares

More News

18 Mar 2024 13:58

Plexus boosts revenue and swings to profit in "critical" first half

(Alliance News) - Plexus Holdings PLC shares jumped on Monday following interim results which the firm said "demonstrate [its] key progress...during t...

18 Mar 2024 12:36

Plexus swings to profit in robust first half

(Sharecast News) - Oil and gas engineering service provider Plexus Holdings reported a surge in sales revenue in its interim results on Monday, to �...

26 Feb 2024 11:41

IN BRIEF: Plexus develops replacement tubing hanger neck seal

Plexus Holdings PLC - Aberdeen-based oil gas engineering services business - Says it has developed a replacement tubing hanger neck seal for workover ...

16 Feb 2024 12:07

LONDON MARKET MIDDAY: Stocks up as UK retail sales soften GDP jitters

(Alliance News) - Stock prices in London were up strongly at midday on Friday, buoyed by UK retail sales data that came in far better than expected an...

16 Feb 2024 11:14

Plexus shares soar on GBP1 million plug and abandonment North Sea deal

(Alliance News) - Plexus Holdings PLC on Friday said it has won a deal worth GBP1 million to provide services for multiple plug and abandonment activi...