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IN BRIEF: VR Education raises GBP7.7 million through shares placing

Fri, 18th Jun 2021 13:18

VR Education Holdings PLC - Irish virtual reality technology company - Completes placing of 48.4 million shares at 16 pence each, raising GBP7.7 million. The sale reflects around 20% of VR Education's issued share capital pre-placing. The shares were placed by J&E Davy UK Ltd and Shard Capital Partners LLP, who were acting as joint bookrunners. After admission the company will have 290 million shares overall.

Current stock price: 17.50p, down 9.1% on Friday afternoon

Year-to-date change: up 15%

By Scarlett Butler; scarlettbutler@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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