Trump meets Zelenskiy, says Putin wants war to end, mulls trilateral talks
LONDON - GSTechnologies Ltd (LSE:GST), a fintech company, announced Monday a retail offer to existing shareholders to raise up to £250,000 through the issuance of up to 20,833,333 new ordinary shares at a price of 1.20 pence per share.
The retail offer is being conducted via CMC CapX and is open to eligible shareholders who are retail shareholders of the company, residents of the United Kingdom (TADAWUL:4280), and customers of participating intermediaries. The minimum subscription amount is £250 per investor.
In addition to the retail offer, the company has conducted a separate placing to raise gross proceeds of £1,750,000. Combined, the fundraising initiatives aim to secure a total of £2 million.
The retail offer is expected to close at 4 p.m. on July 8, 2025, though the company reserves the right to close it earlier. Admission of the retail offer shares to trading on the Main Market of the London Stock Exchange (LON:LSEG) is expected to take place around July 15, 2025.
Eligible shareholders interested in participating should contact their broker or wealth manager to confirm if they are participating in the offer. Applications for retail offer shares, once made and accepted via an intermediary, are irrevocable and cannot be withdrawn.
The retail offer shares, when issued, will be credited as fully paid and will rank equally with existing ordinary shares, including the right to receive dividends and other distributions declared after their date of issue.
According to the company’s press release statement, the retail offer is conditional upon completion of the placing and admission of the fundraising shares to trading.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.