14th Nov 2013 16:06
LONDON (Alliance News) - Gowin New Energy Group Limited confirmed Thursday that it was contemplating a placing of new shares to satisfy excess market demand after its shares rose 49% mid-afternoon.
The company, which provides research and development for LED lighting products, said it was not aware of any other reason for the share movement.
Shares in Gowin were trading up 33.47% at 16.35 pence Thursday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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