17th Jun 2021 19:12
Westminster Group PLC - Banbury, Oxfordshire-based security and services - Intends to raise GBP2.5 million through placing of 43.9 million shares at 5.7 pence each.
Price reflects a premium of 1.8% to company's closing price on Thursday at 5.60 pence.
Proceeds will go towards putting Westminster in a stronger position for next stage of development by providing working capital to support the delivery of recently secured contracts.
Arden Partners will act as sole broker.
Current stock price: 5.60 pence
Year-to-date change: up 35%
By Dayo Laniyan; [email protected]
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