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Horizon Discovery Raises GBP25 Million In Share Placing (ALLISS)

1st May 2015 10:19

LONDON (Alliance News) - Life sciences company Horizon Discovery Group PLC on Friday said it has raised GBP25 million via a share placing to back its expansion plans.

Horizon has issued 13.2 million shares at 190 pence per share. Shares in Horizon were down 1.8% to 190.00p on Friday.

The proceeds are to be used to back the expansion of the company's business providing research tools to back genomics research and personalised medicines development.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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