M and G’s investment29 Dec 2021 12:55
Looks like M and G has underlined the value here.
Pensana announces that M&G, one of the UK’s largest and long-standing fund managers, has agreed to invest £10.0 million in the Company by way of a placement of 12,345,680 new ordinary shares of £0.001 each in the capital of the Company (“Ordinary Shares”)(the “Placing Shares”) at a price of 81 pence per share (the “Placing Price”). Following the admission of the Placing Shares to trading M&G will have an interest in approximately 5% of the Company’s enlarged issued share capital.