Brief: Velocys Intends To Raise About £6 Mln Via Placing
18/05/2023 18:02
May 18 (Reuters) - Velocys PLC VLSV.L :
* PROPOSED PLACING, RETAIL OFFER AND OPEN OFFER
* INTENTION TO RAISE ABOUT £6 MILLION BEFORE EXPENSES BY
WAY OF A
CONDITIONAL PLACING AT PRICE OF 2.5 PENCE PER PLACING SHARE
* RETAIL OFFER WILL BE FOR UP TO 20 MILLION NEW SHARES AT
ISSUE
PRICE ON BOOKBUILD PLATFORM TO RAISE UP TO ABOUT £0.5 MILLION
Source text for Eikon: ID:nRSR9516Za
Further company coverage: VLSV.L
((Reuters.Briefs@thomsonreuters.com;;))