15th Jul 2019 11:57
(Alliance News) - Analytics company Actual Experience PLC on Monday said it has issued 2.2 million shares at 135 pence per share pursuant to a previously announced share bookbuild, raising gross proceeds of GBP3 million.
The placing price represents an 18% discount to the closing price on Thursday, the trading day prior to the launch of the placing.
The company on Friday said it will raise new capital to expand sales and strengthen its balance sheet.
Shares in Actual Experience were down 21% at 130.00 pence each on Monday.
Related Shares:
ACT.L