Kelso Group Holdings Plc

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KLSO

GB00BK1VJS23

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Market Closed - London S.E. Other stock markets 11:35:23 2024-05-10 am EDT			5-day change	1st Jan Change
2.75 ^GBX	0.00%		-1.79%	-17.91%

May. 03	Kelso raises stake in NCC; Transense joins project	AN
Apr. 30	EARNINGS: Avacta sales jump; Poolbeg loss narrows; Digital 9 NAV down	AN

Kelso raises GBP1.9 million to unlock value in UK stock market

January 16, 2024 at 08:42 am EST

(Alliance News) - Kelso Group Holdings PLC on Tuesday said it has raised GBP1.9 million through a placing of shares.

The investor in undervalued London-listed companies said it has raised GBP1.9 million through a placing of 62.6 million shares priced at 3.0 pence each.

Shares in Kelso were 4.0% lower at 3.10p each in London on Tuesday afternoon.

In total, the placing shares represent about 20% of the existing share capital.

Kelso said it will use the proceeds "to continue to execute its mandate to engage and unlock trapped value in the UK stock market."

Kelso intends to announce its 2023 results in March 2024.

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	KELSO GROUP HOLDINGS PLC	2.75 GBX	0.00%	-1.79%	12.92M
	SU GROUP HOLDINGS LIMITED	2.35 USD	-0.84%	+5.38%	31.14M

Latest news about Kelso Group Holdings Plc

Kelso raises stake in NCC; Transense joins project	May. 03	AN
EARNINGS: Avacta sales jump; Poolbeg loss narrows; Digital 9 NAV down	Apr. 30	AN
Kelso Group Makes Further Investment in NCC Group	Apr. 30	MT
Earnings Flash (KLSO.L) KELSO GROUP HOLDINGS Reports FY23 Revenue GBP2.6M	Apr. 30	MT
Earnings Flash (KLSO.L) KELSO GROUP HOLDINGS Posts FY23 EPS GBX0.55	Apr. 30	MT
Kelso Group Holdings Plc Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 30	CI
AJ Bell founder to join Applied Nutrition ahead of IPO - Sky	Feb. 20	AN
Kelso ups stake in The Works after gaining two board seats	Feb. 16	AN
Superdry extends February gain; EnQuest up	Feb. 15	AN
Kelso pair join board of The Works, as THG's Moulding ups Kelso stake	Feb. 14	AN
Stocks up on tamer than forecast UK inflation data	Feb. 14	AN
United Utilities hit by storms; Severn Trent bullish	Feb. 14	AN
United Utilities hit by storms; Severn Trent bullish	Feb. 14	AN
Kelso raises GBP1.9 million to unlock value in UK stock market	Jan. 16	AN
Kelso Group Raises GBP1.9 Million via Share Issue	Jan. 16	MT
Kelso Group Plans Fundraising via Share Issue; Stock Down	Jan. 12	MT
Kelso lauds fundraising over first year, plans further GBP1.9 million	Jan. 12	AN
THG backer Kelso pushes for demerger to trim "inherent" valuation gap	Dec. 07	AN
Financials and real estate drag UK indices	Dec. 07
THG Shareholder Kelso Reiterates Call for Demerger	Dec. 07	MT
Frasers confident; DS Smith profit down, CEO to leave	Dec. 07	AN
THG CEO Matthew Moulding buys stake in THG investor Kelso	Dec. 01	AN
Kelso buys 3% stake in Angling Direct and calls for buybacks	Nov. 29	AN
Kelso Group Amasses 3% Stake in Angling Direct	Nov. 29	MT
EXECUTIVE CHANGES: Anglesey Mining chair ousted, Strix CFO to retire	23-10-27	AN

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Company Profile

Kelso Group Holdings plc is a United Kingdom-based company, which is engaged in investment activity. The Companyâs subsidiary includes Kelso Limited.

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Calendar

2024-05-30 - Annual General Meeting

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