Brief: Orcadian Energy Says Intention To Raise Gross Proceeds Of About £0.5 Mln Via Placing

Orcadian Energy

01/02/2023 08:21

Feb 1 (Reuters) - Orcadian Energy Plc  ORCAO.L :
    * PROPOSED PLACING TO RAISE APPROXIMATELY £0.5M
    * ORCADIAN ENERGY - INTENTION TO RAISE GROSS PROCEEDS OF
APPROXIMATELY £0.5 MILLION BY MEANS OF A PLACING SHARES AT A
PRICE OF 10 PENCE PER SHARE
    * PLACING PRICE REPRESENTS A DISCOUNT OF APPROXIMATELY 33
PER CENT

Source text for Eikon:  ID:nRSA4970Oa 
Further company coverage:  ORCAO.L 
 ((Reuters.Briefs@thomsonreuters.com;))