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Plant Impact
- BY: Andrew Hore |
- POSTED: 23/02/2008 |
- COMMENTS: Add yours
Plant Impact, which develops technology to improve crop yields, raised £1.5m gross from a placing at 47p a share.
The shares were placed with high profile fund managers and investment companies.
Gartmore (8.24%), AXA (7.32%) and Majedie Investments (6.82%) all increased their shareholdings. Gartmore more than doubled its shareholding. Blackrock Investment Management and Alliance Cornhill both moved above 3%. They have stakes of 4.32% and 3.23% respectively.
Plant Impact raised £3.85m gross at 38p a share when it joined Aim on 16 October 2006. The shares are trading at 49.5p.
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