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Provider: Reuters Investment Profile

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Allied Minds PLC announces partial exercise of over-allotment option

Monday, 21 Jul 2014 02:00am EDT 

Allied Minds PLC:Refers to the announcement made on June 25.Says Stabilisation Manager, Jefferies International Limited, has given notice to the company that it wishes to exercise in part the over-allotment option described in the company's prospectus dated June 20.Says it will issue a further 3,791,154 shares at the offer price of 190 pence per share achieving further gross proceeds for the company of 7.2 mln pounds ($12.3 mln).Shares will be issued fully paid and will rank pari passu in all respects with the existing issued ordinary shares of the company. 

Company Quote

-13.5 -4.45%
21 Nov 2014