R&Q raise £16.9m through share placing
Randall & Quilter has conditionally raised £16.9m through a placing of new ordinary shares with institutional shareholders and directors as the group looks to simplify its business model.
A total of 14,423,591 new ordinary shares in the company have been placed by Numis Securities at a price of 117p per share. The placing shares represent approximately 20% of the issued ordinary share
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