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IN BRIEF: CIP participates in Medica IPO with EUR700,000 investment

4th Nov 2021 06:55

CIP Merchant Capital Ltd - Guernsey-based investment company - Reports investment in Medica SpA, a manufacturer of medical and water purification devices. Medica on Tuesday announced the initial public offering of its shares on AIM Italia, in conjunction with an equity fundraising of EUR22.9 million. CIP has subscribed for 25,000 shares in Medica for EUR700,000.

Current stock price: 58.50 pence

Year-to-date change: up 16%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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