Nuformix Plc announces placement of ordinary shares

  • Nov 25, 2019 GMT
  • Team Kalkine
  • The company has announced placement of ordinary shares to raise £25 million before expenses
  • 17,857,142 new ordinary shares of 0.1 pence each are being issued at 0.7 pence each.
  • The group has also issued 1,321,429 ordinary shares for raising money for the placement expenses and other corporate overheads.
  • The funds raised will help the company in negotiations for NXP002 in Asia
  • On 25 November 2019, NFX shares were trading at GBX 8.35 at GMT 10:49 AM, down 0.05 points or 0.59% from the previous day’s closing price level.

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