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IN BRIEF: Portmeirion Fundraising Secures GBP12 Million In Total

Mon, 29th Jun 2020 21:03

Portmeirion Group PLC - Homewares manufacturer and distributor in Stoke-on-Trent - Raises combined GBP11.8 million in placing, open offer and subscription. Earlier in June, the company said it planned to raise funds to accelerate its growth strategy and margin improvement.

Current stock price: 360.00

Year-to-date change: down 56%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Portmeirion Fundraising Secures GBP12 Million In Total

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29 Jun 20 21:03

UPDATE: Portmeirion Completes GBP10 Million Share Placing

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Portmeirion raising funds to capitalise on growth opportunities

(Sharecast News) - Homewares company Portmeirion Group announced a proposed placing via an accelerated bookbuild on Wednesday, to raise gross proceeds of around £10m at an issue price of no less than 375p per share.

10 Jun 20 09:50

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