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Collagen Solutions welcomes new institutional investor Rosen’s Diversified

Jamal Rushdy and Hilary Spence from Collagen Solutions PLC (LON:COS) speak to Proactive London following the news they're to raise £6mln at a premium to its current share price.

A multi-billion-dollar US agriculture company has agreed to contribute the majority of the cash.

Rosen’s Diversified, the fifth largest beef processor in the US and valued by Forbes at over £2.4bn (US$3bn), is to invest £4.2mln into Collagen through the purchase of 83.6mln shares at 5p apiece – almost 25% above Friday’s closing price.

Quick facts: Collagen Solutions PLC

Price: 3.55 GBX

LSE:COS
Market: LSE
Market Cap: £15.75 m
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Full interview: Collagen Solutions released financial number showing more...

Collagen Solutions (LON: COS) CEO Jamal Rushdy joined Steve Darling from Proactive to discuss the company releasing their financial numbers that show impressive double-digit sales growth.  Rushdy talks about the numbers and also their tissue division that continues to be a revenue driver.

3 weeks, 5 days ago

2 min read