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STV Group PLC - Glasgow-based television broadcaster - Raises additional GBP142,648 in equity from broker option, which allows retail investors to participate. The broker option was exercised for 62,021 shares at the placing price of 230 pence each. The broker option had been worth up to GBP800,000, so the take-up fell well short of that. On Wednesday last week, STV had said it raise GBP16.2 million from the placing of 7.1 million shares via an accelerated book build to institutional investors.
Current stock price: 236.00p
Year-to-date change: down 43%
By Tom Waite; thomaslwaite@alliancenews.com
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