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RM Secured Lending Raises Over GBP10 Million In Share Placing (ALLISS)

Fri, 08th Mar 2019 10:10

LONDON (Alliance News) - RM Secured Direct Lending PLC on Friday said it has successfully raised GBP13.5 million in the share placing it announced last week.

At the end of February, RM Secured said it would issue shares at 100 pence, without specifying how much.

The investor, which specialises in secured debt, said on Friday it has issued 13.5 million shares at that price for GBP13.5 million.

RM Secured shares were untraded on Friday, last quoted at 101.50p.

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