IN BRIEF: Sareum falls as issues shares to RiverFort Global

Fri, 19th Apr 2024 12:16

Sareum Holdings PLC - Cambridge, England-based pharmaceutical company - Issues 3.0 million new shares in the company to RiverFort Global Opportunities PCC Ltd. Issue is in line with facility announced in August. Says facility has an outstanding balance of GBP220,000.

In August, Sareum agreed a GBP5 million facility with RiverFort.

Current stock price: 23.50 pence, down 12% in London on Friday

12-month change: down 77%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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