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IN BRIEF: Atome shares fall on GBP1.8 million fundraise

19th Feb 2024 11:47

Atome PLC - Leeds, England-based green fertiliser company raises GBP1.8 million through issuing 3.6 million new shares in a subscription and placing at 50 pence each, an 11% discount to Friday's closing price of 56p. Will use the funds for speeding up growth and development of the Villeta project in Paraguay, including engineering and design works, as well as for working capital.

Current stock price: 50.75 pence, down 9.4%

12-month change: down 50%

By Sabrina Penty, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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