16th May 2016 08:13
LONDON (Alliance News) - Ergomed PLC on Monday said it has issued further shares after its joint bookrunners exercised options granted following its recent placing.
Stifel Nicolaus Europe Ltd and Numis Securities Ltd, the joint bookrunners on the firm's recent placing, have exercised options over 127,500 shares at 140.00 pence per share, raising GBP178,500.
Ergomed recently raised around GBP13.0 million from a share placing at the same price to back the acquisition of University of Leicester spin-out company Haemostatix Ltd.
Shares in Ergomed were untraded on Monday, having last traded at 142.00p.
By Sam Unsted; [email protected]; @SamUAtAlliance
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