Published on 7/24/2008 in the Prospect News PIPE Daily.
New Issue: Novera Energy wraps £15 million private placement of stock
By Devika Patel
Knoxville, Tenn., July 24 - Novera Energy plc announced it raised £15 million in a private placement of shares.
The company sold 19,485,083 ordinary shares at 77p per share.
Proceeds will be used to further the company's wind development program.
London-based Novera Energy is an independent renewable energy company..
Issuer: | Novera Energy plc
|
Issue: | Ordinary shares
|
Amount: | £15,003,513.91
|
Shares: | 19,485,083
|
Price: | 77p
|
Warrants: | No
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Pricing date: | July 24
|
Stock symbol: | London: NVE
|
Stock price: | 82.5p at close July 24
|
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