Reabold, the AIM investing company which focusses on investments in pre-cash flow upstream oil and gas projects, is pleased to announce that is has raised £2.65 million (gross) via a placing of 240,909,091 new ordinary shares of 0.1 pence each at a price of 1.10 pence per new Ordinary Share.
Diurnal Group plc (AIM: DNL), the specialty pharmaceutical company targeting patient needs in chronic endocrine (hormonal) diseases, today announces a conditional placing of new ordinary shares in the Company and launch of an Open Offer, in order to raise funds to progress the development and commercialisation of the Company’s products.
1Spatial, the global geospatial software and solutions company, is pleased to announce that the Group has entered into two separate share purchase agreements to acquire the entire issued share capital of Geomap-Imagis Participations, for total consideration of €7.0 million.
Surface Transforms (AIM:SCE), manufacturers of carbon fibre reinforced ceramic materials, is pleased to announce that it has successfully placed 12,303,600 new ordinary shares of 1p each at 15.5 pence per placing share, raising gross proceeds of approximately £1.9 million pursuant to its existing authority to issue equity for cash, conditional on admission of the Ordinary Shares to trading on AIM.
Haydale, (AIM: HAYD), the global advanced materials group, notes speculation regarding the prospect of an imminent equity placing.
Immotion Group plc, the UK-based immersive virtual reality ‘Out of Home’ entertainment business, is pleased to announce that, due to a range of successful developments and contract wins detailed in the highlights below, the Company is carrying out a fundraising to raise approximately £3 million, before expenses, via the issue of an aggregate of approximately 50 million new Ordinary Shares at a price of 6 pence per share.
CyanConnode (AIM:CYAN.L), a world leader in narrowband radio frequency (RF) mesh networks, is pleased to announce that it is proposing to raise £5.1 million through the issue of 39,787,391 Placing Shares and 10,665,000 Subscription Shares at 10 pence per Ordinary Share.
Image Scan Holdings plc (AIM: IGE), specialists in the field of X-ray imaging for the security and industrial inspection markets, is pleased to announce that it has entered into a conditional agreement to acquire the entire issued share capital of Todd Research Limited
Xpediator, (AIM: XPD) a leading provider of freight management services across the UK and Europe announces that it intends to raise approximately £7 million (before expenses) by way of a placing of new ordinary shares of 5 pence each in the Company, in order to support the acquisition of the entire issued share capital of Import Services Limited, a contract logistics and warehousing business based at the Port of Southampton.
Surface Transforms (AIM:SCE), manufacturers of carbon fibre reinforced ceramic materials, is pleased to announce that it has successfully placed 9,000,000 new ordinary shares of 1p each (“Ordinary Shares”) at 17 pence per share, raising gross proceeds of £1.53 million pursuant to its existing authority to issue equity for cash, conditional on admission of the Ordinary Shares to trading on AIM.