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Silence Therapeutics announces result of placing


Tuesday, 29 Apr 2014 11:30am EDT 

Silence Therapeutics Plc:On April 28, company proposed share issue to raise minimum proceeds of about 10 mln pounds (before expenses) by way of non-pre-emptive placing of placing shares.Placing has closed and company has raised gross proceeds of 11.4 mln pounds (10.9 mln pounds net of expenses).4,938,555 new ordinary shares have been placed by Canaccord Genuity Limited and ABG Sundal Collier in their capacity as Joint Bookrunners with new and existing institutional investors and certain participating directors at price of 2.30 pounds per new ordinary share. 

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