9th Dec 2020 20:33
Trackwise Designs PLC - UK-based manufacturer of specialist products using printed circuit technology - Says open offer closed oversubscribed, and company has decided to accept applications for GBP1.6 million, upsized from previous expectations of GBP1.0 million.
Has conditionally raised total gross proceeds of GBP12.6 million via placing, subscription and open offer.
Chief Executive Philip Johnston says: "We are very grateful for the level of support shown, and are pleased to increase the number of shares issued under the open offer to facilitate this participation in the fundraising by our shareholders."
Current stock price: 232.00 pence
Year-to-date change: up sharply from 87.61p at end of 2019
By Lucy Heming;Â [email protected]
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