Flowtech Fluidpower raises £10m in accelerated bookbuild
Flowtech Fluidpower has successfully raised £10m at 120p a share in its now-closed accelerated bookbuild.
Flowtech Fluidpower
93.00p
16:44 04/10/24
0.54%
0.50p
Flowtech Fluidpower
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FTSE AIM All-Share
738.36
16:54 04/10/24
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Industrial Engineering
12,279.38
17:14 04/10/24
-0.63%
-78.16
It said it would soon announce full details of the proposed placing and post a circular to shareholders containing these, along with convening a general meeting.
Flowtech is a specialist supplier of technical fluid power products.
At 10:51 GMT, shares in AIM-quoted Flowtech were flat at 124.12p.