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Awaiting price reaction for this filing.
Vaxfab Enterprises has informed stock exchanges that its Board of Directors will meet on Friday, 29th August 2025 to consider raising funds through a preferential issue, along with a proposal to increase the company's authorised capital. The company has not yet disclosed the size of the fundraising, the issue price, or the names of proposed allottees. A trading window closure from 25th August to 1st September 2025 has been announced in line with insider trading regulations. Shareholder approval will also be sought before proceeding with the preferential issue.
A preferential issue typically leads to dilution of existing shareholders, and the absence of pricing or allottee details means investors will need to wait for further disclosures from the board meeting outcome before assessing the impact on the stock.