RE: Accelerated book build5 Aug 2020 10:15
Under the Placing Agreement, the Company has agreed to issue 3,538,455 Placing Shares, at 65p each (on the basis that the Capital Reorganisation has become effective), to raise gross proceeds of GBP2.3 million. Dr Iliev has agreed to subscribe GBP50,000 for 76,923 Placing Shares at the Placing Price, and entities associated with Melvin Lawson have agreed to subscribe GBP600,000 for 923,076 Placing Shares at the Placing Price.