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IN BRIEF: Ince Group to launch £1.1 million open offer

ALN

Ince Group PLC - London-based law and professional services firm - Launches open offer to raise up to £1.1 million in an open offer of up to 21.8 million shares, with one open offer share for every four existing shares. Issue price is 5.0 pence, a 3.1% premium to the closing price of 4.85p on Monday. The funds will provide the company with further working capital. The fundraise is conditional on approval at a general meeting to be held on August 25.

Current stock price: 4.82p

12-month change: down 92%

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