23rd Dec 2019 14:17
(Alliance News) - Creo Medical Group PLC on Monday said it has conditionally raised GBP1.9 million via an open offer of shares.
The medical device company said it received valid acceptances in respect of 594,078 shares and applications for 463,317 shares under the excess application facility. Creo had hoped to raise up to GBP6.6 million from the open offer, issuing up to 3.7 million shares.
Following a share issue earlier in December for GBP50 million, this takes the total raised to GBP51.9 million.
The open offer price was 180 pence a share. The stock was down 1.6% at 178.15p in London on Monday.
By Lucy Heming; [email protected]
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