The Board of Directors has announced a board meeting where key decisions were made, including the proposed issuance of bonus shares at a ratio of 3:2, subject to shareholder approval through a Postal Ballot.

Additionally, the Board approved amendments to the Memorandum and Articles of Association to facilitate this share issuance and an increase in the authorized share capital.

A scrutinizer has been appointed to ensure a fair voting process.

This move could enhance shareholder value and improve liquidity, which may foster a positive outlook among investors.