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Microsaic Systems ( (GB:MET) ) has shared an update.
Metir plc announced that its directors have participated in a fundraising effort, subscribing for £70,000 worth of shares. This transaction, involving Executive Chairman Bob Moore and Non-Executive Director Dr. Nigel Burton, is considered a related party transaction and has been deemed fair by the company’s independent director. The new shares will be admitted to trading on AIM, increasing the company’s total issued share capital to 309,906,154 Ordinary Shares.
More about Microsaic Systems
Metir plc is a leading global provider of mobile and point-of-use water and environmental testing technology.
Average Trading Volume: 1,685,708
Technical Sentiment Signal: Sell
Current Market Cap: £2.17M
For detailed information about MET stock, go to TipRanks’ Stock Analysis page.