RE: price drop3 Jun 2020 20:29
Absolute ******! There was a share option for employees (can't remember if that was today) there is no placing required, fully funded till 2021
Happened on first June so Monday
Avacta Group plc (AIM: AVCT), the developer of Affimer® biotherapeutics and reagents, today announces that following the exercise of EMI share options by Group employees it has issued and allotted 289,472 new ordinary shares of 10 pence each in the Company ("Ordinary Shares").
Application has been made for the Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 1 June 2020. The Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company.