22nd Jul 2020 19:09
Frenkel Topping Group PLC - Manchester-based asset manager - Plans to raise GBP13 million through placing of 32.5 million shares at 40 pence each. Proceeds to go towards Frenkel's aim of "becoming the market leader in providing a full service offering to clients and claimants". Also reports annual assets under management at the end of first half of GBP962 million, a 13% climb annually from GBP851 million. Total revenue for six months to June 30 expected to rise 9% to GBP4.4 million.
Current stock price: 40.84 pence
Year-to-date change: up 13%
By Eric Cunha; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
Frenkel Topping