Following on from Wednesday’s announcement of the tie-up with Future Lifestyle Fashions Ltd (FLFL), part of The Future Group, Koovs has announced that its offer of new shares has closed early and has been oversubscribed: 70m new shares at 15p, raising £10.5m gross, plus an additional £1.5m investment from the Chairman. With the capital now committed and the partners in position, Koovs now has a very strong platform on which to build India’s leading fashion e-tailer.
....06 Jul 2018
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Koovs (KOOV:LON) | 0 0 (-7.3%) | Mkt Cap: 19.9m
- Published:
06 Jul 2018 -
Author:
Jason Street -
Pages:
4
Following on from Wednesday’s announcement of the tie-up with Future Lifestyle Fashions Ltd (FLFL), part of The Future Group, Koovs has announced that its offer of new shares has closed early and has been oversubscribed: 70m new shares at 15p, raising £10.5m gross, plus an additional £1.5m investment from the Chairman. With the capital now committed and the partners in position, Koovs now has a very strong platform on which to build India’s leading fashion e-tailer.
....