Brightside raises capital to avoid convenant breach
Broker Brightside Group has successfully raised £6,844,110 by the placing of 45,627,400 new ordinary shares of 1 pence each at the placing price of 15 pence per share.
In a statement on the London Stock Exchange Brightside said the net proceeds of the placing "will be used to prevent the possibility that Brightside may breach a bank covenant linked to the company's
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