Velocys plc fund raise of approximately £18.4 million

Velocys plc fund raise of approximately £18.4 million

Velocys plc (VLS.L), the renewable fuels company, is pleased to announce that it intends to raise approximately £18.4 million (gross) by way of a firm placing and placing and open offer. Highlights: Fund raising of approximately £18.4 million (before expenses): o  Approximately £14 million (before expenses) by way of a firm placing of 139,605,000 New Ordinary Shares (the “Firm Placing Shares”) at a placing price of 10 pence per share (the “Placing Price”) (the “Firm Placing”); and o  £4.4 million (before expenses) by way of an open offer (the “Open Offer”) made to Eligible Shareholders of 44,057,946 New Ordinary Shares (the “Open Offer Shares”)…read more >
Immupharma Plc Successful Placing To Raise £10 Million

Immupharma Plc Successful Placing To Raise £10 Million

RNS Number : 7232C  ImmuPharma PLC (LSE:IMM), the specialist drug discovery and development company, is pleased to announce that, in response to institutional demand, it has completed a fundraise totalling £10 million (before expenses) via a placing of 6,944,445 new ordinary shares of 10p each in the Company (“Ordinary Shares”) at a price of 144p per share (the “Placing Shares”) with new and existing investors (the “Placing”). Key highlights: £10 million (before expenses) raised for the Company via the issue of Placing Shares: · Major new and existing institutional investors have participated in the Placing; and · ImmuPharma will apply these…read more >
Deltex Medical Group Plc Successful Placing, Subscription and Offer

Deltex Medical Group Plc Successful Placing, Subscription and Offer

Deltex Medical Group plc (“Deltex” or the “Company”)  Placing by way of an accelerated bookbuild and proposed Subscription to raise £1.75 million and Offer to Shareholders to raise up to £350,000  Deltex (AIM: DEMG), announces its intention to undertake an equity placement of £1,064,500 (the “Placing“). The Placing will be effected by way of an accelerated bookbuild, which will be launched immediately following this announcement at a minimum price of 1.25p. Certain other investors are proposing to invest £685,500 in the Company, by way of a subscription at the Issue Price (the “Subscription“). Arden Partners plc (“Arden“) and Turner Pope Investments (TPI)…read more >