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43.50 0.00 (0.00%)

Bid:

42.00

Ask:

45.00

Spread: 3.00 (7.143%)

Market Cap: £9.14m

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CEPS successfully raises £1.27m through placing

Fri, 27th Jan 2017 11:00

(ShareCast News) - CEPS announced on Friday that, following its announcement on 26 January regarding a proposed placing, it has successfully placed 3,626,118 new ordinary shares at a price of 35p per share to raise £1.27m before expenses with institutional and private investors.The AIM-traded firm said application was being made to the London Stock Exchange to admit the Placing Shares to trading on AIM, with admission expected to occur on or around 2 February."Following the issue of the placing shares, the enlarged issued share capital of the company will comprise 13,199,940 ordinary shares of 10p each," the board confirmed in a statement.