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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Grafenia Plc | LSE:GRA | London | Ordinary Share | GB0009638130 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.75 | 10.00 | 11.50 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Dec 2022 to Dec 2024
By Anthony O. Goriainoff
Grafenia said it raised around 23.4 million pounds ($29 million) via a discounted conditional placing, a subscription and a conditional open offer, and that this was below the original target of around GBP27.9 million.
The U.K. printing company said Friday it received valid acceptances from qualifying shareholders in respect of 5 million open offer shares.
On Aug. 29, the company said it would issue shares at 8.5 pence a share, representing a 17% discount to the closing price on Aug. 25 of 10.25 pence a share. It also said it would issue up to 57.2 million open offer shares at the issue price.
The company said it would use the funds for future acquisitions to repurchase some existing bond arrangements and pay deferred consideration on previous acquisitions.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
September 15, 2023 13:29 ET (17:29 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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