29th Oct 2020 18:01
Scancell Holdings PLC - cancer treatment firm - Says open offer oversubscribed and raises GBP3.0 million at 13 pence per share. Calls for November 5 general meeting to allow additional shareholders to vote on GBP17.9 million convertible loan note injection from Redmile Funds. Scancell says that support from proxy votes exceeded 70% but fell below required 75%.
Current stock price: 14.50 pence
Year-to-date change: more than double from 7.18p
By Eric Cunha; [email protected]
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