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Feedback Raises GBP200,000 In Placing To Fund TexRAD Development (ALLISS)

3rd Jun 2015 07:00

LONDON (Alliance News) - Feedback PLC Wednesday said it has raised GBP200,000 by placing 11.1 million new shares at 1.8 pence each with existing and new investors, money the medicval imaging software company will use to fund the continued development of its TexRAD software.

Feeback Non-Executive Director Tom Charlton invested GBP50,400 in the placing by buying 2.8 million shares while Non-Executive Director Trevor Brown invested GBP18,000 by buying 1 million shares.

Feedback shares closed at 1.92 pence Tuesday.

By Steve McGrath; [email protected]; @stevemcgrath1

Copyright 2015 Alliance News Limited. All Rights Reserved.


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