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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: 5.7 GBX

LSE:TEK
Market: LSE
Market Cap: £3.63 m
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Tekcapital PLC reports 'successful half year' with record revenue and profit

Tekcapital PLC's (LON:TEK) Clifford Gross tells Proactive London the six months to the end of May 2019's been a successful half-year for the business. The intellectual property (IP) group that specialises in commercialising university technology, saw its net assets increase by 27% to...

on 23/8/19

2 min read