Catena Group PLC - venture capital firm - Intends to raise up to GBP250,000 through subscription of up to 500,000 shares at a price of 50.0 pence each. Proceeds from subscriptions will go towards providing working capital to support company's acquisition of data science firm Insight Capital Partners. Subscription price reflects 15% discount to Catena's closing price on September 2 of 59.00 pence, the last day before shares were suspended.
Current stock price: 59.00 pence
Year-to-date change: more than double from 27.50p as at February 18
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
