REACT Group plc (GB:REAT) has released an update.
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REACT Group plc has successfully completed a heavily oversubscribed placing, raising approximately £1.1 million through the issuance of 1,358,025 shares at 81 pence each. The net proceeds will be utilized for working capital, enhancing the company’s position as a leading provider of specialist cleaning and facilities management services. This strategic financial move also includes participation from substantial shareholders, reinforcing investor confidence in REACT’s growth trajectory.
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