MORE perpetual preferred shares
The proposed preferred share class announced in September 2026.
On 11 September 2026 the company announced its expected intention to float a new class of perpetual preferred shares on the Main Market under the ticker MORE.
- Cumulative, variable-rate dividend paid weekly
- Liquidation preference ahead of ordinary shares; no votes
- Company can redeem
- Target raise £15m–£25m, with a preferred-share ATM facility to follow
A General Meeting to approve the required resolutions is on 28 September 2026. Full terms will be in the prospectus.
Source: company announcement.
Updated 23 Sept 2026. Educational content only, not investment advice.