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Fundraising completed

6th May 2009 15:55

RNS Number : 7995R
Merchant Securities PLC
06 May 2009
 



6 May 2009

Fundraising completed

John East & Partners Limited ('JEP'), the corporate finance and corporate broking subsidiary of AIM listed Merchant Securities plc , has raised £540,000, before expenses, for Phynova Group plc, a UK AIM listed company developing new prescription pharmaceuticals derived from plants used in Chinese medicines. JEP, which was recently shortlisted for the Growth Company Investor AIM adviser of the year award for the sixth time and for the AIM broker of the year award, is nominated adviser to Phynova and has now been appointed as its broker.

- ends -

For further information please contact:

Merchant Securities plc

Patrick Claridge (Chief Executive)

John East (Director)

020 7375 9010

020 7628 2200 

Arden Partners plc

Richard Day/Matthew Armitt

 

020 7398 1600

Broadgate

Roland Cross/Emma Murphy

020 7726 6111

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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