Nicosia, Cyprus. The Cyprus Stock Exchange on Tuesday announced the listing of 62,794,749 additional ordinary shares of Globalwealth Group Plc on its Emerging Companies Market. The shares have also been entered into the CSE Central Securities Depository and Central Registry.
Details of the listing
The shares each have a nominal value of €0.001. The newly listed shares were issued and allotted through a private placement process completed in two stages during 2025.
First stage of the private placement
On April 17, 2025, 59,130,974 ordinary shares were issued at a price of €0.372055 to shareholders of GMM Global Money Managers Ltd and GMM Global Money Managers AIFM Ltd. The issuance took place in the context of a reverse acquisition of the two companies as part of Globalwealth’s strategic expansion.
Second stage of the private placement
On July 7, 2025, 3,663,775 ordinary shares were issued at a price of €0.400 to interested investors, with the aim of raising additional funds for the company.
Updated share capital and trading date
Following the completion of both placements, the newly issued shares have been incorporated into the company’s existing share capital, increasing Globalwealth’s total share capital to 98,273,333 shares. The CSE said trading of the shares will commence on Tuesday, April 7, 2026.
What do you expect the additional share listing to mean for trading activity in Globalwealth Group Plc?