Catena Group PLC - asset management - Raises GBP800,000 through subscription of 1.6 million shares at a price of 50 pence each. On top of providing working capital during company's acquisition of data science firm Insight Capital Partners Ltd, proceeds will also part fund the exercise of option Catena holds over Insight, whenever desired.
Current stock price: 59.00 pence
Year-to-date change: more than double from 27.50p as at February 18
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
