14th Mar 2019 14:03
LONDON (Alliance News) - Cambridge Cognition Holdings PLC said Thursday that Lombard Odier Asset Management Europe Ltd holds a 5.75% stake in the cognitive assessment software firm after a transaction on Tuesday.
Lombard Odier Asset Management's holding following the deal was 1.4 million shares. Its holding prior to the transaction, if any, has not been disclosed.
Shares in Cambridge Cognition were down 1.7% at 74.25 pence on Thursday.
On Thursday last week, Cambridge Cognition posted a pretax loss of GBP1.5 million for 2018, widened from a GBP284,000 loss in 2017. Cambridge Cognition also announced it has raised GBP2.5 million through a share placing and subscription. The number of placing shares issued was 3.4 million, while the number of subscription shares was 34,723.
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