Science In Sport (GB:SIS) has released an update.
Science in Sport plc aims to raise £8.5 million through a combination of a Retail Offer and a Placing of new ordinary shares, with the Retail Offer allowing UK shareholders to buy new shares at a set issue price, aiming to enhance liquidity. The Retail Offer is set to close on July 5, 2024, and is conditional on the successful completion of the Placing, with the shares expected to start trading on AIM on July 25, 2024. The capital raised will be used to provide further liquidity headroom for the company.
For further insights into GB:SIS stock, check out TipRanks’ Stock Analysis page.
