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BREAKING: PensionBee – placing, just “to accelerate investment in its US business”?

By Steve Moore | Wednesday 23 October 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


‘Leading online pension provider’ PensionBee Group (PBEE) has announced a proposed “approximately £20 million” placing “to accelerate investment in its US business”. Is that the only reason?
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