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Synnovia PLC

Plastics Capital's Faisal Rahmatallah 'very pleased' with response to £3.74mln raise

Faisal Rahmatallah, chairman of Plastics Capital Plc (LON:PLA) discusses with Proactive's Andrew Scott their £3.74mln raise - achieved through an oversubscribed share placing.

Part of the proceeds will be used to increase its stake in the US creasing matrix specialist CCM Group to 49% from 10%.

Quick facts: Synnovia PLC

Price: £0.89

Market: LSE
Market Cap: £34.65 m
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Synnovia PLC reports year of record sales and earnings

Synnovia PLC's (LON:SYN) chairman Faisal Rahmatallah tells Proactive London's Andrew Scott they saw record sales growth in the year to March 2019. He adds that adjusted profits were just above flat as the plastic components and film packaging specialist invested for growth. Revenue...

on 9/7/19

2 min read