Augmentum Fintech up on heavy demand for initial share issue
09/07/2021 11:55
** Shares of UK's only listed specialist fintech investment
trust AUGM.L rise 4.6% to 145p
** Stock top of UK small-cap index .FTSC ; best day in
nearly 4 months
** Co says it has raised 55 mln pounds through issue of ~41
mln ordinary shares at 135.5p per share urn:newsml:reuters.com:*:nFWN2OK128
** Adds initial issue was heavily oversubscribed with demand
significantly exceeding both the target issue size and maximum
issue size
** AUGM up 8.1% YTD
(Reporting by Aniruddha Ghosh in Bengaluru)
((Aniruddha.Ghosh@thomsonreuters.com; 91 83 83 81 2416;))