March 6, 2020 / 2:42 PM / a month ago

BRIEF-Diurnal To Raise A Minimum Of About £7 Mln

March 6 (Reuters) - Diurnal Group PLC:

* DIURNAL - PROPOSED CONDITIONAL PLACING WITH INSTITUTIONAL INVESTORS TO RAISE MINIMUM OF APPROXIMATELY £7.0 MILLION IN AGGREGATE BEFORE EXPENSES

* DIURNAL GROUP - NET PROCEEDS OF PLACING ARE EXPECTED TO PROVIDE FUNDING TO PROFITABILITY FOR CO’S LATE-STAGE CORTISOL REPLACEMENT FRANCHISE

* DIURNAL GROUP PLC - PROPOSED CONDITIONAL PLACING AT PLACING PRICE OF 32 PENCE PER NEW ORDINARY SHARE Source text for Eikon: Further company coverage:

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