React Group PLC raised GBP 1.25 million through issuance of common shares

React Group PLC raised GBP 1.25 million through issuance of common shares

The Group unveiled the placement of 83,101,597 new ordinary shares.

  • Due to good demand from both new and existing institutional and other investors, the Placing was materially oversubscribed.
  • The net proceeds would be utilised to bolster the company’s pipeline and marketing activities.
  • On 3rd June 2020, at the time of writing, GMT 02:25 PM, REAT shares were trading at GBX 1.70, up by 11.48% against the previous day closing price.

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