8th Jun 2022 15:27
Nanoco Group PLC - Manchester-based nanomaterial developer and manufacturer - Raises GBP2.3 million from a placing and subscription for new shares at a price of 37 pence per share. Company says its broker option was "very significantly" over-subscribed. The total amount raised in the fundraise amounts to GBP5.7 million before costs. End of year cash is now expected to be between GBP7.0 million and GBP7.5 million.
Current stock price: 46.20 pence, up 11% in London
12-month change: up 82%
By Heather Rydings; [email protected]
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