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IN BRIEF: Thruvision Group raises GBP1.4 million via subscription

12th Nov 2024 16:54

Thruvision Group PLC - security technology provider - Raises a total of GBP1.4 million before expenses through direct subscriptions from existing shareholders of the company at a price of 11 pence per subscription share. Says that the net funds received by the company will be used to strengthen the balance sheet and provide additional working capital. The subscription represents a 29% premium to the closing mid-market price of an ordinary share of 8.5 pence on November 11.

Current stock price: 10.00 pence

12-month change: down 52%

By Holly Beveridge, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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