HYVE18 Nov 2021 07:35
Hyve Group plc ("Hyve" or the "Company"), the next-generation global events business, announces that it has placed 13,818,698 new ordinary shares in the Company (the "Placing Shares") to raise gross proceeds of approximately £14.79m, representing approximately 5.21% of the Company's existing issued share capital, with institutional investors (the "Placing"). The Placing Shares have been placed at a price of 107 pence (the "Placing Price"), representing a discount of 0.7% to the closing market price on 17 November 2021.