22nd May 2019 14:45
LONDON (Alliance News) - Medical diagnostics company Omega Diagnostics Group PLC said Wednesday that it has raised GBP634,795 in gross proceeds by way of a subscription for 6.3 million new ordinary shares at 10 pence per share
Omega Diagnostics Chief Executive Colin King said: "These funds will help with working capital as the Group looks to exploit the opportunity available to them surrounding VISITECT CD4 testing at the point-of-care level with the aim of helping people living with HIV globally."
The subscription price represents a premium of 1.5% to the closing mid-market price on Tuesday. Shares in the company were trading 4.6% higher at 10.30 pence each on Wednesday afternoon.
Related Shares:
ODX.L