Trellus Health plans GBP25 million IPO on London's AIM

(Alliance News) - Trellus Health PLC on Tuesday confirmed its intention to launch an initial ...

Alliance News 18 May, 2021 | 4:38PM
Email Form Facebook Twitter LinkedIn RSS

(Alliance News) - Trellus Health PLC on Tuesday confirmed its intention to launch an initial public offer in London.

Trellus Health - which commercialises a digital health platform for complex chronic conditions - is hoping to raise GBP25 million.

"Trellus Health is pleased to announce that it has received strong indications of demand for the placing of new ordinary shares in the capital of the company and also confirms the launch of a restricted offer, to be made available for a limited period only to qualifying Trellus Health shareholders," the company said.

Trellus expects its shares to be admitted to London's AIM on May 28.

London-listed EKF Diagnostics Holdings PLC made a USD5 million investment in Trellus in August 2020.

By Paul McGowan; paulmcgowan@alliancenews.com;

Copyright 2021 Alliance News Limited. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
EKF Diagnostics Holdings PLC 27.75 GBX 0.54 -

About Author

Alliance News

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

© Copyright 2024 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures