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IN BRIEF: Time To Act raises £335,000 from equity issues

ALN

Time To Act PLC - Stockton-On-Tees, England-based engineering technology for energy transition supply chain - Raises £274,000 from the sale of 685,000 new shares at 40 pence each and a further £60,919 from the conversion of loans into 151,546 new shares at the same price. In announcing the raise last week, Time To Act had said the fresh equity will be used to fund the company’s business plan and for working capital. Time To Act has a market capitalisation of £5.9 million on Aquis Stock Exchange.

Current stock price: last traded on AQSE at 40.32p on Friday

12-month change: down 19% from 50.00p

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