IN BRIEF: Braveheart Investment to raise GBP215,113 via placing

Wed, 06th Apr 2022 12:04

Braveheart Investment Group PLC - investor in small- and medium-sized businesses based in Barnsley, England - To raise GBP215,113 before expenses in placing of 1.4 million shares at 15 pence per share. On admission of the placing shares, its share capital will consist of 53.7 million ordinary shares. Notes that the shares will represent a 2.7% stake in its enlarged share capital. Plans to use the net proceeds to support its strategic investments, new investments and for working capital.

Current stock price: 16.89 pence

12-month change: down 77%

By Abby Amoakuh; abbyamoakuh@alliancenews.com

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