- The company has raised £520,000 through a placement of 2,600,000 ordinary shares at 20 pence per share
- The proceeds from the issue will utilised for completion of orders subsequent to the demonstration of electric vehicles in December 2019
- The subscription shares are expected to list at the AIM segment of the London Stock Exchange on 22 November 2019.
- On 19th November 2019, AFC shares were trading at GBX 24.40 at GMT 08:37 AM, down 1.20 points or 4.69% from the previous day’s closing price level.
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