31st Mar 2015 07:05
LONDON (Alliance News) - Tiziana Life Sciences PLC on Tuesday said it will raise GBP2.55 million in a discounted share placing, sending shares in the company lower just after the open.
Tiziana said it will issue 3.4 million shares at 75 pence per share. Shares in the company were down 15% to 85.5 pence on Tuesday morning, one of the worst performers in the AIM All-Share.
The company did not provide any details on the planned use of the proceeds from the placing.
By Sam Unsted; [email protected]; @SamUAtAlliance
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