Canaccord Genuity assists in selling 28.11 million shares at 28.25p
By Devika Patel
Knoxville, Tenn., Aug. 28 - Monitise plc said it settled a £7.94 million private placement of shares. Canaccord Genuity Ltd. was the broker.
The company sold 28.11 million ordinary shares at 28.25p each. The price per share is a 7.38% discount to the Aug. 27 closing share price of 30.5p.
The technology company is based in London.
| Issuer: | Monitise plc
|
| Issue: | Ordinary shares
|
| Amount: | £7,941,075
|
| Shares: | 28.11 million
|
| Price: | 28.25p
|
| Warrants: | No
|
| Broker: | Canaccord Genuity Ltd.
|
| Settlement date: | Aug. 28
|
| Stock symbol: | London: MONI
|
| Stock price: | 30.5p at close Aug. 27
|
| Market capitalization: | £310.18 million
|
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