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IN BRIEF: RC365 says unaware of reason for share price jump

ALN

RC365 Holding PLC - payment solutions and fintech company operating primarily in east and southeast Asia - Notes recent rise in its share price, confirming it knows of no reason for the increase. Back in December, RC365 said it was preparing for public launch of the RC3.0 app, planned to be released in the early first quarter of 2026, which it says will introduce enhanced functionality.

RC365’s stock price rise on Monday coincides with a surge in the share price for MobilityOne Ltd, a Kuala Lumpur-based e-commerce payment solutions provider. MobilityOne last week said its Malaysia subsidiary received conditional approval from Labuan’s financial services authority to establish an additional subsidiary to carry on its Islamic digital banking business. MobilityOne’s share price continued to rise on Monday after more than doubling last Wednesday.

Current RC365 stock price: 1.55 pence each, up 41% on Monday afternoon in London

12-month change: up 72%

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