7th Jan 2019 11:35
LONDON (Alliance News) - Intosol Holdings PLC said Monday it has closed its open offer with no additional funds taken by the company.
The luxury travel firm listed and began trading on London's Main Market in October. It launched its open offer for up to 5.0 million shares at a price of between 100 pence and 200p post-listing.
In mid November, Intosol announced it would be extending the closing date for the offer "in order to give potential investors who have not yet applied for offer shares the opportunity to do so".
This extended offer has now closed, with no additional funds raised.
Intosol said it was continuing to "make excellent progress" building its client base and property portfolio, including the recent signing of a two-year contract for the management of a South African luxury boutique hotel in Cape Town.
Shares in Intosol were flat at 82.00p on Monday, down from its IPO price of about 100p.
Related Shares:
INTO.L