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IN BRIEF: Ince Group to launch GBP1.1 million open offer

Tue, 09th Aug 2022 17:51

Ince Group PLC - London-based law and professional services firm - Launches open offer to raise up to GBP1.1 million in an open offer of up to 21.8 million shares, with one open offer share for every four existing shares. Issue price is 5.0 pence, a 3.1% premium to the closing price of 4.85p on Monday. The funds will provide the company with further working capital. The fundraise is conditional on approval at a general meeting to be held on August 25.

Current stock price: 4.82p

12-month change: down 92%

By Elizabeth Winter; elizabethwinter@alliancenews.com

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