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Deltex Medical Group PLC - Chichester, England-based maker of blood circulation monitoring systems - On Friday, Deltex said it plans to raise GBP500,000 via a retail offer to existing shareholders at the issue price of 0.20 pence per share. It said that the retail offer will close on Wednesday, but it has now extended the closing date to Friday.
Also on Friday, Deltex said it had conditionally raised about GBP1.7 million through a placing of and subscription to 833.0 million shares at issue price of 0.20 pence each. Says proceeds will provide additional working capital, funding for internal restructuring costs, creditor payments and to implement its restructuring and updated strategy.
Current stock price: 1.20 pence
By Sophie Rose, Alliance News reporter
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