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Adams to raise £1,031,915

02 June 2017 08:19

Adams is raising £1,031,915, gross, through an underwritten open offer of up to 41,276,616 shares at 2.5p apiece.

Adams said the open offer was fully underwritten by Richard Griffiths who had a holding of 29.9% in the existing ordinary shares, inclusive of the holding by his controlled undertaking ORA Limited.

At 8:19am: (LON:ADA) Adams Plc share price was -0.03p at 0.08p

Story provided by StockMarketWire.com

Related Company: ADA

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