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Physiomics Raises GBP250,000 By Selling New Shares (ALLISS)

Fri, 18th Dec 2015 11:15

LONDON (Alliance News) - Physiomics PLC, which aims to streamline the discovery and development of drugs, on Friday said it has raised GBP250,000 by selling new shares.

The company issued 1.00 billion new shares at 0.025 pence each. The stock was trading down 6.3% at 0.0328p on Friday.

The funds raised from the placing will be used for working capital purposes, Physiomics said.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.

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