30th Oct 2013 10:35
LONDON (Alliance News) - Thalassa Holdings Limited Wednesday said the company has conditionally raised GBP18.1 million through a placing of 7.2 million shares with institutional shareholders.
The marine seismic-operations investment company said it completed the placing with its broker WH Ireland Limited at a price of 250 pence per share.
The company said the net proceeds are intended to be used to finance continued growth and broaden its shareholder base.
Thalassa Holdings shares were up 3.0% to 275.50 pence Wednesday.
By Tom McIvor; [email protected]; @TomMcIvor1
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