By continuing to use this site you consent to the use of cookies on your device. Find out more about our cookie policy and the types of cookies we use by clicking here

Omega Diagnostics Says 67% Of Available Open Offer Shares Taken Up (ALLISS)

LONDON (Alliance News) - Omega Diagnostics Group PLC said Monday it has received applications ...

Alliance News 17 July, 2017 | 2:30PM
Email Form

LONDON (Alliance News) - Omega Diagnostics Group PLC said Monday it has received applications for 3.9 million shares under an open offer which was made in conjunction with a share placing and subscription.

At the end of June, Omega launched the fundraising to raise GBP3.6 million in gross proceeds via the issue of up to 20.0 million shares at 18 pence each. Of that, 13.1 million shares are via the placing, 1.2 million via the subscription and up to 5.7 million shares via the open offer.

On Monday, Omega said it received applications for 3.9 million shares under the open offer, or 67% of the total open offer shares.

Omega said the fundraising remains conditional on approval at its annual general meeting on Tuesday, with shares to be admitted on Wednesday.

Shares in Omega Diagnostics were down 1.3% at 19.00 pence Monday.

By Adam Clark; adamclark@alliancenews.com

Copyright 2017 Alliance News Limited. All Rights Reserved.

Email Form
Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Omega Diagnostics Group PLC 19.00 GBX 2.01 -
About Author Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.