IN BRIEF: Demand for Kape Technologies placing leads to early close

Kape Technologies PLC - Isle of Man-based digital privacy and security business - Opens ...

Alliance News 14 September, 2022 | 9:04AM
Email Form Facebook Twitter LinkedIn RSS

Kape Technologies PLC - Isle of Man-based digital privacy and security business - Opens subscription via PrimaryBid for retail investors. Following strong demand, the placing is now expected to close at 1700 GMT on Wednesday. Previously it was expected to close at 1800 GMT on Wednesday. The company says it will raise towards the top end of the USD110 million to USD200 million range indicated on Tuesday. The company intends to use the proceeds to fund potential acquisitions.

Current stock price: 279.39 pence, up 0.5%

12-month change: down 33%

By Chris Dorrell; chrisdorrell@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Kape Technologies PLC

About Author

Alliance News

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

© Copyright 2025 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures