Jelf Group raises £2.5m and begins trading on AIM
Jelf Group is set to begin trading shares on the Alternative Investment Market today after successfully raising £2.5m through a placing of ordinary shares, which puts the value of the group at £10.8m.
The directors said they intend to use the net proceeds of the placing to acquire healthcare and insurance intermediaries and provide additional working capital to enhance organic growth of the Group.T
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