17th Jun 2024 16:25
Acuity RM Group PLC - London-based cybersecurity software company - Raises around GBP1 million via placing and subscription at 3.5 pence per share. Proceeds will be used to fund investment and expansion of the sales team, and increase marketing activities and new product development. Directors Angus Forrest and Kerry Chambers subscribe for just under 1.3 million shares at the issue price. In addition, Ridgecrest PLC subscribes for 11.4 million shares in the subscription, taking shareholding to 7.6%.
Current stock price: 4.00 pence, up 3.9% on Monday in London
12-month change: down 57%
By Jeremy Cutler, Alliance News reporter
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