21st Sep 2026 06:53
Windar Photonics PLC - London-based wind power optimisation technology - Raises GBP300,000 from its additional offer of 6.0 million new shares at 5 pence each to retail investors. Late last month, Windar raised GBP5.1 million from a share offer, including GBP245,000 from its retail portion, at the same price of 5p. However, that August retail share offer was over-subscribed, with applications exceeding GBP900,000, prompting the follow-up offer. Each new share is comes with a warrant for an additional share at 10p, exercisable until September 2029. The retail share offer is conditional on being approved at Windar's annual general meeting, being held on September 30.
Current stock price: 5.13p
12-month change: down 92% from 64.00p
By Tom Waite, Alliance News editor
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