Less Ads, More Data, More Tools Register for FREE

Ross Group Raises GBP132,000 Through Share Placing

Mon, 28th Apr 2014 15:42

LONDON (Alliance News) - Ross Group PLC said Monday that it had raised GBP132,000 through the placing of 15 million new shares at 0.88 pence with GEM Global Yield Fund LLC SCS.

Ross Group said that the funds raised will be used as working capital.

Shares in the consumer electronics distributor were trading down 6.3% at 0.820 pence Monday afternoon.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2014 Alliance News Limited. All Rights Reserved.

Related Shares

More News
2 Nov 2023 20:54

TRADING UPDATES: Inspiration Healthcare launches new ventilator

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

24 Mar 2023 17:24

IN BRIEF: Ross Group loss narrows in 12 months ended December

Ross Group PLC - supply chain management and distribution company - Reports results for period to December 31, which is now its half-year end date. Th...

23 Dec 2022 15:47

UK shareholder meetings calendar - next 7 days

23 Nov 2022 17:40

IN BRIEF: Ross Group signs exclusive supply chain management deal

Ross Group - London-based supply chain management and distribution company - Enters into a global exclusive supply chain management agreement with Ene...

30 Sep 2022 21:57

EARNINGS UPDATES: Ross Group, Goldstone, Caerus interim loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.