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Project Finance mulls capital raise

18 March 2016 14:50

Project Finance Investments' board is considering increasing the company's capital base through a fully pre-emptive offer of C shares to raise more than GBP60 million of gross proceeds in May.

The board has appointed Cenkos Securities plc as the company's corporate broker, financial adviser and sole placing agent in the event the company proceeds with the C share issue.

At 2:50pm: (LON:PROJ) Project Finance Investments Ltd Ord Npv share price was +0.75p at 103.5p

Story provided by StockMarketWire.com

Related Company: PROJ

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