20th May 2021 17:56
Trellus Health PLC - commercialises a digital health platform for complex chronic conditions - Prices initial public offering at 40 pence per share, hoping to raise GBP28.5 million.
Expects market cap on listing on London's AIM to be about GBP64.6 million, with issued shares to be 161.5 million, after issuing 71.3 million in IPO.
Trellus says restricted offer "received very strong levels of support for the placing and subscription."
London-listed EKF Diagnostics Holdings PLC made a USD5 million investment in Trellus in August 2020 and notes Trellus announcement.
By Paul McGowan; [email protected];
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