Upmarket jewellery maker Theo Fennell has raised £1.5m at 38p a share.
Directors have invested £125,000 of this cash. Chief executive Barbara Snoad has bought 131,579 shares, which are all the shares she now owns. Existing institutional shareholders and new shareholders have taken up the rest of the shares.
At 37.5p a share, Theo Fennell is valued at £7.05m.
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