LONDON (Alliance News) - Auctus Growth PLC said Wednesday that it has raised GBP114,499.50 via the placing of 228,999 shares at a price of 50 pence per share.
The investment trust plans to use the proceeds to support its future acquisition plans.
On Monday the company said it had pulled out of the proposed acquisition of a social media platform as it would "not be in the best interests" of its shareholders, and posted a GBP100,253 pretax loss for the first half of 2015.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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