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Share Price Information for Feedback (FDBK)

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Share Price: 70.00
Bid: 65.00
Ask: 75.00
Change: 0.00 (0.00%)
Spread: 10.00 (15.385%)
Open: 0.00
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Prev. Close: 68.50
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Feedback raises £1.4m to fund regulatory and expansion costs

Thu, 25th Oct 2018 10:34

(Sharecast News) - Medical imaging specialist Feedback has conditionally raised £1.37m at a placing and subscription offer priced at 1.5p per share.Feedback told investors on Thursday that £832,000 had been raised via a placing, with a further £543,000 raised as a result of a subscription, subject to shareholders approval. In all, 91.66m new ordinary shares were issued.The placing price represented a discount of approximately 11.8% to Feedback's closing mid-market price of 1.7p on 24 October. The new shares will represent 24.56% of Feedback's enlarged issued share capital.Feedback said the funds would be used to expand its sales and marketing services, develop technical product support for its new Cadran image storage product offerings, expand Cadran's customers base, fund regulatory consultant commission costs related to its plans to secure regulatory approval of TexRAD with the Food and Drug Administration in the US and develop the company's US partnership with Imaging Endpoints.Executive chairman Dr Alastair Riddell, said: "This placing will enable Feedback to continue to invest in the further growth of the business.""In addition, beginning the process of seeking US FDA approval for TexRAD can now be properly resourced. Expanding our sales, marketing and customer support capabilities, will ensure that we can build on the significant momentum generated this year."As of 1030 BST, Feedback shares had dropped 7.06% to 1.58p.
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15 Aug 2018 10:23

Feedback Shares Surge As Secures First TexRAD Order From Indian Client

LONDON (Alliance News) - Feedback PLC on Wednesday said its subsidiary has secured its first order for image texture analysis technology TexRAD via GE Healthcare.The stock was trading 24% a

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20 Jul 2018 10:28

WINNERS & LOSERS SUMMARY: Beazley Sinks As Interim Profit Drops 64%

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - up 1.5%. The Anglo-Dutch consumer goods firm it

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20 Jul 2018 09:20

Feedback Shares Slip As Chief Executive David Crabb Departs

LONDON (Alliance News) - Medical imaging technology firm Feedback PLC said Friday Chief Executive David Crabb is leaving the firm with immediate effect "to devote more time to other business

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4 May 2018 18:19

Trevor Brown Halves Feedback Stake To 4.2% From 8.5% (ALLISS)

LONDON (Alliance News) - Feedback PLC said Trevor Brown has halved his stake in the medical imaging technology firm in a transaction on Friday.Brown held 11.7million shares in Feedback the

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27 Apr 2018 10:24

Feedback Extends Technology Support For Royal Papworth Hospital

LONDON (Alliance News) - Medical imaging technology company Feedback PLC said on Friday it has signed a new agreement with the Royal Papworth Hospital in Cambridgeshire for the installation of the

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16 Mar 2018 09:12

Feedback Appoints Lindsay Melvin As New Finance Boss

LONDON (Alliance News) - Medical imaging technology firm Feedback PLC said Friday it appointed former payroll trade association boss Lindsay Melvin as chief financial officer

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24 Nov 2016 13:16

DIRECTOR DEALINGS: Feedback Deputy Gifts 5 Million Shares To Chairman

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19 Oct 2016 08:48

Feedback's revenue rises as it expands in Asia

(ShareCast News) - Software company Feedback, which specialises in medical imaging tools, reported a rise in revenue while losses after tax narrowed as it expands its texture analysis software in Asia. For the year ended 31 May, revenue increased 13% to £431,454, compared to last year while loss aft

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28 Jul 2016 14:03

Feedback teams up with Poland's Future Processing

(ShareCast News) - Medical imaging software company Feedback announced on Thursday a large-scale collaboration with Polish software development service provider Future Processing to develop medical imaging software. The AIM-traded firm said the collaboration will entail a substantially increased dev

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28 Jul 2016 12:43

Feedback Signs Collaboration Deal With Poland's Future Processing

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1 Jun 2016 11:44

Feedback Appoints Ex-Chair Of Silence Therapeutics Riddell As Chairman

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3 May 2016 11:17

Feedback To Sell Stake In Stone Checker To Director

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22 Feb 2016 09:56

Feedback First Half Loss Narrows As It Reduces Operating Costs

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23 Nov 2015 10:30

WINNERS & LOSERS SUMMARY: UK Defence Plans Lift BAE And Rolls-Royce

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23 Nov 2015 09:40

Feedback Inks Memorandum Of Understanding With Alliance Medical Group

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