By Laura Lutz
Des Moines, May 2 - R.E.A. Holdings plc settled a private placement of shares for £6.75 million.
The company sold 1.5 million ordinary shares at 450p each.
Mirabaud Securities Ltd. acted as agent.
Proceeds will be used for working capital.
R.E.A. is a palm oil company based in London.
| Issuer: | R.E.A. Holdings plc
|
| Issue: | Shares
|
| Amount: | £6.75 million
|
| Shares: | 1.5 million
|
| Price: | 450p
|
| Warrants: | No
|
| Agent: | Mirabaud Securities Ltd.
|
| Settlement date: | May 1
|
| Stock symbol: | London: RE
|
| Stock price: | 485p at close May 1
|
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