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Snoozebox Holdings PLC Announces Equity Placing


Thursday, 30 May 2013 02:00am EDT 

Snoozebox Holdings PLC announced that it has conditionally raised gross proceeds of GBP10.1 million through a placing of 42,273,000 new ordinary shares of one pence each in the capital of the Company. The funds are being raised predominantly from existing institutional investors and the Company's Directors. The Placing Shares, which will represent 38.8% of Snoozebox's issued share capital following completion of the Placing, have been conditionally placed by Panmure Gordon at a price of 24 pence per share. The Placing Price represents a 4% discount to the closing middle market price of 25 pence on May 29, 2013, being the last trading day immediately preceding the date of this announcement. 

Company Quote

10.0
0.75 +8.11%
21 Nov 2014