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Pin to quick picksScancell Holdings Share News (SCLP)

Share Price Information for Scancell Holdings (SCLP)

London Stock Exchange
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Share Price: 20.60
Bid: 20.00
Ask: 20.30
Change: -0.15 (-0.72%)
Spread: 0.30 (1.50%)
Open: 20.75
High: 20.60
Low: 20.60
Yest. Close: 20.75
SCLP Live PriceLast checked at -

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Scancell Raises GBP15 Million To Fund Covid-19 Vaccine Development

Tue, 11th Aug 2020 16:18

(Alliance News) - Scancell Holdings PLC on Tuesday said it has completed its equity capital fundraise, raising a total of GBP15.0 million.

The cancer treatment developer said it raised GBP9.0 million through the issue of 163.8 million shares in a placing, subscription and open offer. It also raised GBP6.0 million from a subscription by the Redmile Funds and Vulpes for convertible loan notes

In July, Scancell announced plans to raise GBP15 million via a share subscription, placing, open offer and loan notes issue, adding that the proceeds will be used for strengthening its balance sheet, support clinical trials for Modi-1 Phase 1/2 and SCIB1 Phase 2; and continue initial Covid-19 vaccine development.

Following admission of the new shares, the company's share capital will comprise 629.1 million shares.

Shares in Scancelll were trading 0.1% higher at 6.91 pence each on Tuesday afternoon in London, giving it a market capitalisation of GBP31.8 million.

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

IN BRIEF: Scancell Non-Exec Director Martin Diggle buys 400,000 shares

IN BRIEF: Scancell Non-Exec Director Martin Diggle buys 400,000 shares

30 Apr 21 14:30

IN BRIEF: Associate Of Scancell Director Sells GBP109,000 In Shares

IN BRIEF: Associate Of Scancell Director Sells GBP109,000 In Shares

19 Feb 21 20:13

IN BRIEF: Scancell Non-Exec Director Diggle Sells 1.3 Million Shares

IN BRIEF: Scancell Non-Exec Director Diggle Sells 1.3 Million Shares

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IN BRIEF: Scancell Non-Exec Director Diggle Sells GBP95,000 In Shares

IN BRIEF: Scancell Non-Exec Director Diggle Sells GBP95,000 In Shares

17 Feb 21 16:22

Scancell ends clinical development partnership with Cancer Research UK

(Sharecast News) - Novel immunotherapy developer Scancell updated the market on its SCIB2 clinical development partnership with Cancer Research UK on Wednesday, reporting that due to the impact of the Covid-19 pandemic and Cancer Research UK's re-evaluation of its collaboration model, the parties had agreed to end their clinical development partnership.

3 Feb 21 14:53

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Scancell Assessing SCIB2 Options As Cancer Research UK Pact Ends

Scancell Assessing SCIB2 Options As Cancer Research UK Pact Ends

3 Feb 21 09:48

IN BRIEF: Scancell Posts Interim Pretax Loss; To Develop Virus Vaccine

IN BRIEF: Scancell Posts Interim Pretax Loss; To Develop Virus Vaccine

29 Jan 21 15:05

Oxford Technology VCTs In Mixed Quarter Amid Scancell Rise, Ixaris Hit

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21 Dec 20 19:39

UK WINNERS & LOSERS SUMMARY: US Generic Advair Ok Lifts Hikma, Vectura

UK WINNERS & LOSERS SUMMARY: US Generic Advair Ok Lifts Hikma, Vectura

18 Dec 20 10:45

Scancell Shares Rise As It Chooses Vaccine Candidate For Development

Scancell Shares Rise As It Chooses Vaccine Candidate For Development

18 Dec 20 10:26

Scancell selects Covid-19 vaccine candidate for development and trials

(Sharecast News) - Immunotherapy developer Scancell has selected its Covid-19 vaccine candidate 'SN14' for further development and clinical trials, it announced on Friday.

18 Dec 20 10:17

DIRECTOR DEALINGS: Scancell Non-Executive Diggle Buys 750,000 Shares

DIRECTOR DEALINGS: Scancell Non-Executive Diggle Buys 750,000 Shares

16 Dec 20 09:21

UK DIRECTOR DEALINGS SUMMARY: Tracsis CFO Sells GBP480,000 In Shares

UK DIRECTOR DEALINGS SUMMARY: Tracsis CFO Sells GBP480,000 In Shares

14 Dec 20 16:59

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