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Craven House Capital raises $2m through premium equity placing

StockMarketWire.com

Craven House Capital said it had raised $2m gross through the placing of shares at a premium.

The company placed 200,000 shares at a price of $10 a share, representing a 117% premium to the closing mid-market price on 17 February 2020.

The proceeds of the placing would be used to for working capital purposes and to undertake further investments, the company said.

At 9:58am: (LON:CRV) Craven House Capital PLC ORD USD1.00 share price was +0.95p at 5.55p


Story provided by StockMarketWire.com