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CBG raises £1.65m through share placing

Manchester-based insurance broker CBG Group has paved the way for organic growth by raising £1.65m through the placing of 1 375 000 new ordinary shares of 4p each at a price of 120 pence per share.

Application has been made for the new ordinary shares to be admitted to trading on 13 November. Zeus Capital, nominated adviser and joint broker to the company, has placed the shares with existing

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