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Investegate |Genuit Group PLC Announcements | Genuit Group PLC: Result of AGM investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Polypipe announces the completion of the non-pre-emptive underwritten placing of new ordinary shares in the capital of the Company announced yesterday (the Placing ).
A total of 18,704,085 new ordinary shares ( Ordinary Shares ) in the capital of the Company (the Placing Shares ) have been placed by Deutsche Bank AG, London Branch ( Deutsche Bank ) and Numis Securities Limited ( Numis ), acting as joint bookrunners, raising gross proceeds of approximately £ 96.3 million . The Placing Shares have been issued at a price of 515 pence per Placing Share (the Placing Price ). The Placing Shares being issued represent, in aggregate, approximately 8.2 per cent. of Polypipe s issued ordinary share capital prior to the Placing. ....