RE: Placing2 Feb 2024 21:56
I think the placing is already determined in principle- ie the investors are known and will confirm monday- it is not an open offer- see example from feedback medical below ,who later on the same day confirmed the bookbuild went thru - so no need for the details etc as they are not looking to us to fill any gaps
looks like DC has pulled it off -all credit to him
Proposed Placing and Open Offer
Feedback plc (AIM: FDBK), the specialist clinical communication company, today announces a proposed conditional Placing of Placing Shares with institutional investors to raise a minimum of Β£10 million in aggregate before expenses at the Issue Price of 0.7 pence per Placing Share. Funds raised will be used primarily to support accelerated revenue growth through both private and public healthcare revenue opportunities within both the NHS and other healthcare systems in the UK and overseas.
In addition, in order to provide Shareholders who have not taken part in the Placing with an opportunity to participate in the proposed Fundraising, the Company is providing Qualifying Shareholders the opportunity to subscribe, at the Issue Price, for an aggregate of up to 71,428,571 new Ordinary Shares, to raise up to Β£0.5 million.