11th Mar 2022 12:08
Parsley Box Group PLC - Edinburgh-based meal delivery - Confirms it raises GBP5.9 million as planned from the placing and subscription of new shares at 20 pence each that was announced on Thursday. A total of GBP3.0 million of the fresh cash, or just over half, comes from directors. Non-Executive Chair Chris van der Kuyl takes 9.4 million shares for GBP1.9 million and Chief Executive Officer Kevin Dorren takes 5.5 million for GBP1.1 million. Parsley Box also plans to raise a further GBP1.1 million from an open offer at the same price. This will result in the issue of 35 million new shares in total, 41% of its expanded total. The company calls a general meeting of shareholders for March 30 to approve the fundraise.
Current stock price: 21.38p, up 1.8% on Friday
12-month change: down 88%
By Tom Waite; [email protected]
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