Canaccord Genuity assists in selling 28.11 million shares at 28.25p
By Devika Patel
Knoxville, Tenn., Aug. 28 - Monitise plc said it settled a £7.94 million private placement of shares. Canaccord Genuity Ltd. was the broker.
The company sold 28.11 million ordinary shares at 28.25p each. The price per share is a 7.38% discount to the Aug. 27 closing share price of 30.5p.
The technology company is based in London.
Issuer: | Monitise plc
|
Issue: | Ordinary shares
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Amount: | £7,941,075
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Shares: | 28.11 million
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Price: | 28.25p
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Warrants: | No
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Broker: | Canaccord Genuity Ltd.
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Settlement date: | Aug. 28
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Stock symbol: | London: MONI
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Stock price: | 30.5p at close Aug. 27
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Market capitalization: | £310.18 million
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