The directors and the firm's majority shareholder waived their right to participate in the open offer
Private & Commercial Finance Group PLC () said its recent open offer of shares was oversubscribed.
Read Private & Commercial pleased with response to fund-raising
As targeted, the company raised £500,000 from the open offer, which was in addition to the £10mln it raised from the placing of shares that was announced at the same time as the open offer.
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