20th Apr 2015 10:40
LONDON (Alliance News) - The Renewables Infrastructure Group Ltd said Monday it has raised GBP7.7 million through the placing of 7.5 million shares at 102.25 pence each.
Shares in the Renewables Infrastructure Group are trading up 0.1% at 104.55p late Monday morning.
The company said the offer was "significantly oversubscribed", and as a result some applications have been scaled back. Directors have been given priority on applications for smaller amounts, as well as applicants subscribing on behalf of ISA holders and early applications.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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