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IN BRIEF: Ince Group to launch GBP1.1 million open offer

Tue, 09th Aug 2022 17:51

Ince Group PLC - London-based law and professional services firm - Launches open offer to raise up to GBP1.1 million in an open offer of up to 21.8 million shares, with one open offer share for every four existing shares. Issue price is 5.0 pence, a 3.1% premium to the closing price of 4.85p on Monday. The funds will provide the company with further working capital. The fundraise is conditional on approval at a general meeting to be held on August 25.

Current stock price: 4.82p

12-month change: down 92%

By Elizabeth Winter; elizabethwinter@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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29 Nov 2021 13:59

IN BRIEF: Ince says revenue up 5% in first half as shares trade again

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26 Nov 2021 18:12

IN BRIEF: Ince to resume trading on appointment of new Nomad

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IN BRIEF: Ince shares suspended amid bid to buy own nomad Arden

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UK shareholder meetings calendar - next 7 days

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29 Mar 2021 12:09

IN BRIEF: Ince Group enters GBP17 million financing deal with Investec

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TRADING UPDATES: Arix backs buyback; 88 Energy notes share price surge

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IN BRIEF: Ince Group And Mission Secure Launch Cyber Security Venture

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