IN BRIEF: Quadrise raises GBP1.0 million in oversubscribed open offer
Quadrise PLC - London-based clean energy technology provider - Says open offer oversubscribed for total of 112.4 million new shares compared to the 82.2 million available. As a result, says a scaling back exercise has become effective, with all applications being met and excess applications scaled back pro-rata to 45% of the number of shares applied for. As a result, 82.2 million shares will be issued at 1.25 pence each, raising around GBP1.0 million under the open offer. Read More