Subject to General Meeting (1st June), Maintel has undertaken a placing to raise £5m, comprising £3m equity at 80p and a £2m three-year convertible loan note at 96p. The Group has confirmed trading in line with expectations. The funding will satisfy near-term working capital requirements, in anticipation of a new banking facility agreement, the completion of which forms a conditional part of the placing completion. The Group will also undertake a maximum £1m retail offering to provide other shar ....