tiprankstipranks
Company Announcements

Belluscura PLC Raises £4 Million in Strategic Share Placing

Story Highlights
Belluscura PLC Raises £4 Million in Strategic Share Placing

Discover the Best Stocks and Maximize Your Portfolio:

An update from Belluscura PLC ( (GB:BELL) ) is now available.

Belluscura PLC announced it has successfully raised approximately £4.0 million through the placement of 199,151,375 new ordinary shares aimed at existing and new institutional investors. This strategic move, facilitated by joint brokers Dowgate and Allenby, signifies a significant step in Belluscura’s capital management strategy, potentially enhancing their market presence and capacity for innovation in medical device technology.

More about Belluscura PLC

Belluscura PLC is a UK-based medical device company specializing in the development of oxygen enrichment technology, serving a wide range of industries and therapeutic applications.

YTD Price Performance: -29.73%

Average Trading Volume: 149,443

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £10.95M

Find detailed analytics on BELL stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1