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IN BRIEF: Velocys says placing and retail offer raise £6 million

ALN

Velocys PLC - Sustainable fuels technology company - Says its books are covered at around £6 million as a result of its placing and retail offer. Adds that the books remain open. Says both placing and retail offer close today.

Current stock price: 2.43 pence, down 28% in London on Friday

12-month change: down 57%

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