Following today's early-morning trading update and placing announcement, Allergy has announced it has successfully raised c.£11.5m (before expenses) by way of placing 41,005,500 new ordinary shares (representing c.7.5% of the existing share capital) at 28p. With a strengthened balance sheet and ahead-of-market growth we consider both existing and planned organic opportunities, combined with a strategy to drive inorganic growth, underpin an exciting growth story for the long-term. We rai
17 Nov 2015
Panmure Research - Allergy Therapeutics 17-11-15
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Panmure Research - Allergy Therapeutics 17-11-15
Allergy Therapeutics plc (AGY:LON) | 11.5 0 (-1.7%) | Mkt Cap: 706.3m
- Published:
17 Nov 2015 -
Author:
Dr Mike Mitchell -
Pages:
13 -
Following today's early-morning trading update and placing announcement, Allergy has announced it has successfully raised c.£11.5m (before expenses) by way of placing 41,005,500 new ordinary shares (representing c.7.5% of the existing share capital) at 28p. With a strengthened balance sheet and ahead-of-market growth we consider both existing and planned organic opportunities, combined with a strategy to drive inorganic growth, underpin an exciting growth story for the long-term. We rai