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IN BRIEF: Asos raises nearly GBP5 million via share issue

26th May 2023 18:38

Asos PLC - online fashion retailer - Raises GBP4.8 million via issuing 1.2 million new shares at 418.1 pence per share, which represent around 1.2% of the firm's issued share capital before the equity raise. Says that in total, the placing and retail offer comprises 19.1 million new shares, about 19% of the firm's existing issued share capital, raising around GBP80 million.

Current stock price: 421.48 pence, up 0.8% on Friday

12-month change: down 71%

By Tom Budszus, Alliance News reporter

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