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Serica Energy Raises GBP12.1 Million In Placing, Open Offer

11th Nov 2013 11:00

LONDON (Alliance News) - Serica Energy PLC Monday said it had raised GBP12.1 million in its recent placing and open offer, slightly less than the GBP14.3 million it had set out to raise after the open offer wasn't fully subscribed.

If offered up to 22.8 million shares in the open offer, and got acceptances for 6.1 million, or 26.7% of those offered. It then sold a further 2.2 million shares, or 19.5% of the offer, through a placing.

Serica Energy shares last traded at 17.75 pence.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright © 2013 Alliance News Limited. All Rights Reserved.


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Serica Energy
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