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Oberon Investments Group PLC - London-based investment management, wealth planning and corporate broking - Raises £2.5 million before expenses through a placing of 55.6 million new shares at 4.5 pence each. Proceeds will support the expansion of the company’s key business divisions and accelerate growth across the group, as well as for working capital purposes. Chief Executive Officer Simon McGivern says: ‘Notably, staff and directors have participated in this round, subscribing for 15% of the raise, which is a strong reflection of the positive outlook from within the company. Following a wave of mergers among mainstream brokers and wealth managers, we see a ’once in a cycle’ opportunity for our corporate broking and wealth management divisions. The foundations we have created, which include a strong balance sheet, ongoing shareholder support and the efforts of our teams, give us a tremendous platform for the future.’ Current stock price: 4.50p on the Aquis Exchange in London on Thursday 12-month change: up from 2.75p Copyright 2025 Alliance News Ltd. All Rights Reserved.
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