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Tekcapital PLC raises £0.75mln to help with commercialisation of its portfolio

Tekcapital PLC's (LON:TEK) Clifford Gross tells Proactive London they've raised £0.75mln from institutional shareholders to help with the commercialisation of its portfolio of technological intellectual property.

Investors bought 9.4mln new shares at a price of 8p apiece in the placing, with the new shares representing roughly 14.7% of its enlarged shares in issue.

Quick facts: Tekcapital PLC

Price: 5 GBX

LSE:TEK
Market: LSE
Market Cap: £3.94 m
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Full interview: Tekcapital appoints former science minister to board

Intellectual property investment group Tekcapital (LON:TEK) has appointed former UK Minister for Universities and Science Lord Willetts to the board. Tekcapital's Executive Chairman Dr.Clifford Gross gave Proactive London further details on that and on other board changes, while also giving...

on 10/1/20

2 min read