By Laura Lutz
Des Moines, Nov. 10 - Worthington Nicholls Group plc announced that it has raised £6 million from a private placement of shares.
The company sold 6,666,667 ordinary shares at 90p each.
Proceeds will be used for acquisitions and working capital.
Corporate Synergy plc acted as agent for the deal.
Following settlement of the placement, the company has 72,831,716 shares outstanding.
Worthington Nicholls is an air conditioning company based in Wilmslow, England.
| Issuer: | Worthington Nicholls Group plc
|
| Issue: | Ordinary shares
|
| Amount: | £6 million
|
| Shares: | 6,666,667
|
| Price: | 90p
|
| Warrants: | No
|
| Agent: | Corporate Synergy plc
|
| Settlement date: | Nov. 10
|
| Stock symbol: | London: WNG
|
| Stock price: | 95.5p at close Nov. 10
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
