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IN BRIEF: Okyo Pharma Issues Loan Notes To Raise GBP3.5 Million

29th Jul 2020 06:59

OKYO Pharma Ltd - London-based life sciences and biotechnology company - Issued convertible loan notes at a compounding interest rate of 2.2% with a maximum term of four years at 8.5 pence each to raise GBP3.5 million. Okyo plans on using the proceeds to further develop its clinical pipeline.

Current stock price: 11.00 pence

Year-to-date change: up sharply from 1.7p at the end of 2019

By Greg Roxburgh; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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OKYO.L
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