27th Aug 2025 16:34
LifeSafe Holdings PLC - Essex, England-based developer of fire safety products - Launches a retail offer to raise up to GBP500,000 via the issue of new shares at 3 pence each. Says this represents an around 7.7% discount to its 3.25p closing share price on Friday. The offer follows LifeSafe on Tuesday reporting it has raised around GBP700,000 through a recent subscription of 23.9 million new shares. According to the company, it is "currently working capital constrained" and needs a cash injection "to meet its current and future liabilities...through to the company becoming profitable during 2026". Read More