By Ian Walker Lok 'n Store Group said Friday that it has now raised 20.5 million pounds ($26.1 million) via the placing and retail offer outlined late.
Lok n Store Group PLC on Friday said raised GBP20.5 million via an equity fundraise of new shares, exceeding its expectations of the placing and retail offer.
The London-based self-storage provider.
Lok’nStore Group Plc (LON:LOK – Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 880.01 ($11.17) and traded as low as GBX 844.48 ($10.72). Lok’nStore Group shares last traded at GBX 870 ($11.04), with a volume of 3,321 shares. Lok’nStore […]
Lok n Store Group PLC on Thursday announced its intention to conduct a fundraise to raise GBP18 million through a placing of shares at 765 pence each.
The placing price represents a discount of 12%.