By Laura Lutz
Des Moines, Sept. 5 - Huveaux plc completed a private placement of stock for £5.5 million.
The company sold 11,827,957 new ordinary shares at 46.5p each to instiutional investors.
The placement was settled alongside Huveaux's acquisition of educational publishers Letts and Leckie & Leckie.
Huveaux is a London publishing and media company.
| Issuer: | Huveaux plc
|
| Issue: | Stock
|
| Amount: | £5.5 million
|
| Shares: | 11,827,957
|
| Price: | 46.5p
|
| Warrants: | No
|
| Settlement date: | Sept. 4
|
| Stock symbol: | London: HVX
|
| Stock price: | 52.50 at close on Sept. 4
|
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