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Redhall Group Plc announces proposed placing to raise 7.5 million Pounds

Friday, 7 Mar 2014 02:00am EST 

Redhall Group Plc:Intends to raise 7.5 million Pounds through a placing of 19,230,769 new shares of 25 pence at a price of 39 pence per share.The new ordinary shares are being placed with new and existing institutional and other shareholders by Arden Partners and Charles Stanley Securities.The placing price represents a discount of about 7.1 pct to the closing price of 42 pence on March 6. 

Latest Developments for Redhall Group PLC

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-1.5 -11.54%
19 Dec 2014