Guscio Raises GBP382,995 In Share Placing For Working Capital (ALLISS)

Fri, 02nd Oct 2015 14:54

LONDON (Alliance News) - Investment company Guscio PLC said Friday it has raised GBP382,995 in a share placing conducted by Peterhouse Corporate Finance of 19.15 million shares at 2 pence each.

Shares in Guscio were untraded Friday afternoon. They last closed at 8.20 pence.

It said it will use the proceeds of the placing for working capital and to undertake due diligence procedures into potential investment opportunities.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

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