Distil plc (GB:DIS) has released an update.
Distil plc has successfully raised £0.65 million to fund working capital and brand activation for the upcoming crucial Christmas period. The fundraising includes the conditional issue of over 541 million new Ordinary Shares, with significant investments from Grain GmbH and Dr Graham Cooley. Additionally, Allenby Capital has been appointed as the new broker, and a General Meeting is scheduled to approve the fundraising on October 9, 2024.
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