Creo Medical (GB:CREO) has released an update.
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Creo Medical Group plc is launching a retail offer to raise up to £5.0 million by issuing new ordinary shares at 24 pence each, a 10.3% discount from the recent closing share price. The offer, part of the company’s strategy for growth and balance sheet strength, is exclusive to existing UK shareholders and coincides with a separate placement aiming to raise a minimum of £12 million. The offer opens on September 30, 2024, and the new shares are expected to start trading on the AIM market of the London Stock Exchange on October 21, 2024.
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