Futura Medical Plc : Proposed accelerated bookbuild to raise up to circa 12 million stg . Announce its intention to conduct a placing of up to approximately 21 million new ordinary shares of 0.2 pence each . Placing at a price of 57 pence per share, to raise up to 12 million stg .Placing shares are being offered by way of an accelerated bookbuild.
Futura Medical Plc : Has signed manufacturing and distribution agreements with TTK Protective Devices Limited . Under terms of manufacturing agreement, TTK will manufacture CSD500, Futura's novel erectogenic condom for supply worldwide .Futura will receive an upfront payment and royalties on product sales over duration of agreement.