1st Apr 2021 19:57
Malvern International PLC - Milton Keynes, England-based learning and skills development - Raises GBP1.7 million through the placing of 620.2 million shares and a subscription for 230.0 million shares at a price of 0.2 pence each.
Proceeds will go towards ensuring that Malvern has enough cash resources to continue trading through the continued difficulties caused by the Covid-19 pandemic.
Following the fundraise, Malvern International will have 2.09 billion shares issued overall.
Current stock price: 0.21 pence
Year-to-date change: up 50%
By Dayo Laniyan; [email protected]
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