17th Apr 2014 10:40
LONDON (Alliance News) - OpSec Security Group PLC Thursday said that just 5.2% of the shares available in its open offer were taken up.
The anti-counterfeiting technologies and services supplier raised net proceeds of GBP6.8 million in a share placing last month, after issuing 21.2 million shares at 33 pence each, and had said that it would make available up to 12.1 million shares under an open offer.
OpSec Security said Thursday that only 635,195 shares from the open offer were taken up, roughly 5.2% of the open offer shares it had made available.
Shares in the company were up 2.9% at 36.00 pence per share before midday Thursday.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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