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| Share Price: 6.75 | Bid: 6.50 | Ask: 7.00 | Change: 0.00 (0.00%) |  | ||||||
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SR Pharma places 20 mln shares at 19p/shr raising 3.8 mln stg
Mon, 6th Nov 2006 12:23
LONDON (AFX) - SR Pharma PLC said it is placing 20 mln shares at 19 pence per share with insti
The proceeds from the transaction will be used to fund company development and provide additional working capital for the group.
newsdesk@afxnews.com
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COPYRIGHT
Copyright AFX News Limited 2006. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
LONDON (AFX) - SR Pharma PLC said it is placing 20 mln shares at 19 pence per share with insti
tutional investors and existing shareholders in order to raise 3.8 mln stg before expenses.
The proceeds from the transaction will be used to fund company development and provide additional working capital for the group.
newsdesk@afxnews.com
vb/tc
COPYRIGHT
Copyright AFX News Limited 2006. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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RPT SR Pharma granted core RNAi patent by European Patent Office
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