25th Jun 2026 19:27
Cirata PLC - Sheffield, England-based software-solutions provider - Plans to raise GBP4.6 million via a placing of shares to new and existing institutional and other investors, and a subscription, at 15 pence per share. Cirata will also undertake a retail offer to raise a further GBP380,000. The placing will be conducted by way of an accelerated bookbuild process. Stifel and Panmure Liberum are acting as joint bookrunners in relation to the placing. Proceeds will be used for balance sheet stability, pipeline conversion and investment in Cirata Symphony.
Current stock price: 17.55 pence
12-month change: down 35%
By Jeremy Cutler, Alliance News reporter
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