Following the earlier announcement of an Accelerated Book Build this morning, the group has confirmed the process has successfully raised £0.55m in cash proceeds at a placing price of 19p. This will assist the group in its short-term working capital funding, as described below. Trading forecasts are unchanged in both FY22 and FY23, with the additional shares resulting in an LPS of 2.1p, a 5% change. The group continues to have good recovery prospects as well as strong growth opportunities with n ....
09 Sep 2022
Hardide - Placing proceeds announced
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Hardide - Placing proceeds announced
Hardide plc (HDD:LON) | 6.2 0 0.0% | Mkt Cap: 4.90m
- Published:
09 Sep 2022 -
Author:
David Buxton -
Pages:
4
Following the earlier announcement of an Accelerated Book Build this morning, the group has confirmed the process has successfully raised £0.55m in cash proceeds at a placing price of 19p. This will assist the group in its short-term working capital funding, as described below. Trading forecasts are unchanged in both FY22 and FY23, with the additional shares resulting in an LPS of 2.1p, a 5% change. The group continues to have good recovery prospects as well as strong growth opportunities with n ....