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Equals to raise £16m to accelerate organic growth, fund acquisitions
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Wed 14 Aug 2019 13:09
Financial services company Equals said it was in the advanced stages of raising around £16m, to accelerate organic growth and fund potential acquisitions.
News shares in the company were being offered at 110p each via a £14m raising that would be followed by a £2m open offer to existing shareholders.
Equals, which was formally known as FairFX, was confirming media speculation about a potential raising.
At 1:09pm: (LON:EQLS) share price was -7p at 111.5p
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Prices quoted have a delay of at least 15 minutes. You may receive a different price (which may be higher or lower) when an instruction is executed. Though all reasonable efforts are made to present accurate data, Equiniti Financial Services Limited and third party data providers accept no responsibility for the correctness, completeness or accuracy of the data provided.
Where past performance details are included this is not a reliable indicator of future performance. Short-term past performance of less than one year is a particularly unreliable indicator.
and Prices quoted have a delay of at least 15 minutes. You may receive a different price (which may be higher or lower) when an instruction is executed. Though all reasonable efforts are made to present accurate data, Equiniti Financial Services Limited and third party data providers accept no responsibility for the correctness, completeness or accuracy of the data provided.
Where past performance details are included this is not a reliable indicator of future performance. Short-term past performance of less than one year is a particularly unreliable indicator.