Mirriad Advertising plc (GB:MIRI) has released an update.
Mirriad Advertising plc is conducting a retail offer to raise up to £550,000 by offering new ordinary shares, alongside a conditional placing with institutional investors aimed at raising a minimum of £5.32 million. The retail offer is set at an issue price of 1.25 pence per share and is available to existing UK shareholders via participating financial intermediaries until the 7th of May. The company’s future plans include the admission of both retail offer shares and conditional placing shares to trading on the AIM market of the London Stock Exchange, subject to shareholder approval and other conditions.
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