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IN BRIEF: Saietta raises GBP23.6 million via placing and broker option

Thu, 18th Aug 2022 14:17

Saietta Group PLC - Bicester, England-based engineering company specialising in electric vehicles - Raises additional GBP600,000 via a broker option of 434,783 new shares. The broker option shares will be issued at a price of 138 pence per share.

At the start of August, Saietta said it had raised GBP23 million via a placing of 16.7 million new shares, also at 138p per share.

Combining both the placing and broker option, the company has now raised GBP23.6 million.

Current stock price: 145.74p

12-month change: down 35%

By Sophie Rose; sophierose@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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