14th Jan 2022 16:45
SDI Group PLC - Cambridge-based medical technology firm - Announces the sale of 1.3 million placing shares at 195p each via a secondary placing to raise just less than GBP2.5 million. Placing shares represent 1.2% of company's share capital. Placing was conducted through an accelerated bookbuild by finnCap Ltd acting as bookrunner.
SDI last Friday announced the acquisition of Scientific Vacuum Systems Ltd, a Wokingham, England-based manufacturer of physical vapour deposition equipment, for around GBP4.9 million.
Current stock price: 192.10p, down 3.0%
12-month change: up 58%
By Greg Roxburgh; [email protected]
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