News blog
Elektron Technology
- BY: Andrew Hore |
- POSTED: 17/07/2014 |
Elektron Technology has raised £989,000 via its one-for-six open offer at 5p a share.
Elektron had already raised £2.34m so the total raised is £3.33m, compared with the maximum figure of up to £3.5m.
The cash will be used to reduce borrowings. Net debt increased from £5.4m to £8m in the year to January 2014.
At 5p a share, Elektron is valued at £9.3m.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJuly2014_58.pdf
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