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IN BRIEF: Supply@Me raises GBP675,000 via issue of shares

Mon, 18th Jul 2022 19:28

Supply@Me Capital PLC - London-based inventory monetisation platform - Issues third tranche of shares under equity funding facility with Venus Capital SA, with GBP675,000 raised in issue of 1.4 million shares at 0.05 each pence. Will issue Venus one warrant for every two shares in the tranche, for a total of 5.6 million warrants over the three tranches. Warrants are exercisable at 0.065p until December 31 2025. The facility is part of the firm's capital enhancement plan.

Current stock price: 0.077 pence, down 6.9% on Monday

12-month change: down 76%

By Elizabeth Winter; elizabethwinter@alliancenews.com

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