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IN BRIEF: Dukemount Capital Secures GBP500,000 Via Loan Note Issue

Tue, 08th Dec 2020 21:06

Dukemount Capital PLC - property developer - Secures GBP500,000 in new financing through fundraising undertaken by broker Peterhouse Capital Ltd, which involves a combination of subscription by Chesterfield Capital Ltd of GBP500,000 by the issue of new convertible note, and sale by Chesterfield of 97.0 million shares to new investors.

Chesterfield now holds 4.7 million shares representing 1.0% of Dukemount's issued share capital.

Current stock price: 0.80 pence

Year-to-date change: flat

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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