RE: Stockbox interview6 Dec 2024 15:27
Since Brexit when we copied and modified EU legislation, the limit is actually £8m from an Open Offer - I’ve emailed GR about this.
Placings are still under the same legislation and limits, but because placings receive an exemption to the rules because they are going to less than 150 people or to a qualified investor (institutional investors), so these exemptions mean no limits on placements.
Just for info