10th Sep 2026 11:58
Windar Photonics PLC - London-based wind power optimisation technology - Launches on Wednesday an additional retail share offer to raise up to GBP300,000 from the sale of up to 6.0 million new shares at 5 pence each. Late last month, Windar raised GBP5.1 million from a share offer, including GBP245,000 from its retail portion, at the same price of 5p. However, that August retail share offer was over-subscribed, with applications exceeding GBP900,000, prompting the follow-up offer.
Additionally, Chief Financial Officer Soren Belmar steps down on Wednesday "by mutual agreement". Windar hires Flemming Hallen-Kragh as to replace Belmar as a non-board finance director. Hallen-Kragh is a Copenhagen resident who most recently was finance manager at Toms Gruppen AS.
Current stock price: 5.26 pence
12-month change: up 92%
By Tom Waite, Alliance News editor
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