Collins Stewart Europe and Panmure Gordon (UK) assist in fundraising
By Devika Patel
Knoxville, Tenn., Nov. 29 - Chesnara plc said it completed a private placement of shares through agents Collins Stewart Europe Ltd. and Panmure Gordon (UK) Ltd. on Nov. 26. It raised £20.92 million.
The company sold 10,458,877 ordinary shares 200p per share. The price per share represents a 4.99% discount to the Nov. 25 closing share price of 210.5p.
Chesnara is a holding company based in Preston, United Kingdom.
| Issuer: | Chesnara plc
|
| Issue: | Ordinary shares
|
| Amount: | £20,917,754
|
| Shares: | 10,458,877
|
| Price: | 200p
|
| Warrants: | No
|
| Agents: | Collins Stewart Europe Ltd. and Panmure Gordon (UK) Ltd.
|
| Settlement date: | Nov. 26
|
| Stock symbol: | London: CSN
|
| Stock price: | 204.75p at close Nov. 26
|
| Market capitalization: | £207.81 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
