25th Feb 2015 09:48
LONDON (Alliance News) - LightwaveRF PLC on Wednesday said it has raised GBP197,000 via a share placing and subscription.
The smart home products company said it has issued 494,286 shares at 40 pence per share. Shares in the company were down 2.3% to 43.00 pence on Wednesday morning.
The company said the proceeds will be used to boost its liquidity and to meet market demand for its products.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
LWRF.L