Published on 7/9/2008 in the Prospect News PIPE Daily.
New Issue: Helphire Group to pocket £44.96 million in private placement of stock
By Devika Patel
Knoxville, Tenn., July 9 - Helphire Group plc said it will raise £44.96 million in a private placement of shares.
The company arranged to sell 40,871,027 ordinary shares at 110p per share.
The shares were conditionally placed by Cenkos Securities.
Helphire Group plc is a Bath, England-based company that provides non-fault accident management assistance and related services.
| Issuer: | Helphire Group plc
|
| Issue: | Ordinary shares
|
| Amount: | £44,958,129.70
|
| Shares: | 40,871,027
|
| Price: | 110p
|
| Warrants: | No
|
| Underwriter: | Cenkos Securities
|
| Pricing date: | July 9
|
| Stock symbol: | London: HHR
|
| Stock price: | 100.5p at close July 8
|
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