1st Oct 2020 13:36
Drumz PLC - Beaconsfield, England-based software sector investment - Raises GBP500,000 in gross proceeds through the issue of 90.9 million shares at 0.55 pence each, a 4% discount to Wednesday's closing stock price of 0.58p. Chief Executive Angus Forrest intends to subscribe for up to 3.6 million shares. Placing to provide additional cash resources to enable the company to respond quickly to investment opportunities.
Current stock price: 0.55 pence, down 4.4%
Year-to-date change: down 45%
By Tapan Panchal; [email protected]
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