IN BRIEF: Tekmar gets 15% take-up of open offer after share placing
16th Mar 2022 13:57
Tekmar Group PLC - Darlington-based offshore energy industry services - Open offer of shares raises GBP149,796, as shareholders apply to buy 332,881 new shares at 45 pence each. That was just under 15% of the shares on offer. The open offer was in addition to a share placing that raised GBP4.0 million at the same price, and shareholders on Wednesday voted to approve the full equity issue. "The proceeds will be used to help support the delivery of our strategic plan as we transition the business to sustained profitable growth," says Chief Executive Officer Alasdair MacDonald. Read More