14th Jan 2026 10:51
World Chess PLC - London-based chess promoter and tournament organiser that develops and operates worldchess.com - Raises EUR100,000 from a subscription for 8.3 million new shares at EUR0.012, about 1.03 pence. World Chess says the investor, which it doesn't name, is a "high-profile Portuguese entrepreneur with experience in the distribution, logistics, technology, and media sectors". World Chess says the funds will be used to develop its business in Portugal, a country it notes that holds historical importance for the game of chess. The company how has 887.9 million shares issued.
Current stock price: 0.82p, down 3.3% in London on Wednesday
12-month change: down 78%
By Tom Waite, Alliance News editor
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