Plant Health Care has raised $10m of new equity from investors at 14p following a substantially over-subscribed placing. The new equity will be used to accelerate development of products from the PREtec platform, seek regulatory approval in Europe for PREtec, support expansion of the existing Commercial business (Harpin ab) which is currently performing very well and strengthen the balance sheet. Recent newsflow indicates that the Group's technology is continuing to gain traction, and with furth ....
18 Mar 2021
Plant Health Care* - $10m New Equity to Accelerate PREtec Expansion
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Plant Health Care* - $10m New Equity to Accelerate PREtec Expansion
Plant Health Care PLC (PHC:LON) | 3.7 0 (-4.7%) | Mkt Cap: 12.6m
- Published:
18 Mar 2021 -
Author:
Andrew Simms -
Pages:
5
Plant Health Care has raised $10m of new equity from investors at 14p following a substantially over-subscribed placing. The new equity will be used to accelerate development of products from the PREtec platform, seek regulatory approval in Europe for PREtec, support expansion of the existing Commercial business (Harpin ab) which is currently performing very well and strengthen the balance sheet. Recent newsflow indicates that the Group's technology is continuing to gain traction, and with furth ....