Does anyone understand what has been going on here - an open Offer to raise funds - at £1.05 per share when the market share price has been around 95p.

Today - after over-subscription and the new shares now trading - there is a news Release that the directors have acquired their shares at 90p each - not only a discount to the Offer but also a discount to the Market. I must be missing something...?

would appreciate an explanation of what is going on!

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