World Chess PLC - London-based promoter of chess through chess-related activities - Issues 2.9 million new shares at €0.07 per share in lieu of €200,000 in fees. The shares are issued to Engiscent Pte Ltd, a development partner of World Chess. The shares represent a 0.4% stake, as World Chess now has 670.1 million in total. ‘We are delighted that our long-term partners have chosen to become investors in World Chess,’ says Chief Executive Officer Ilya Merenzon. ‘We know they are genuinely interested in our sport and we look forward to working together to further develop chess.’
Current stock price: 6.25 pence in London on Friday
12-month change: unchanged from April 6 listing price
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