By Sheri Kasprzak
New York, Jan. 30 - Senior plc said it completed a private placement for £9 million.
The company sold 15 million shares at 60p each to institutional investors.
Hoare Govett Ltd. was the placement agent.
Based in Rickmansworth, England, Senior makes metallic tubing used by the automotive and aerospace industries.
Issuer: | Senior plc
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Issue: | Stock
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Amount: | £9 million
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Shares: | 15 million
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Price: | 60p
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Warrants: | No
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Placement agent: | Hoare Govett Ltd.
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Settlement date: | Jan. 30
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Stock symbol: | London: SNR
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Stock price: | 61p at close Jan. 27
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