THB to fund further acquisitions with £7.5m investment
Broker THB has raised £7.5m through an agreement with investors to subscribe for 2 750 000 new ordinary shares at a price of 70p per share.
It represents a premium of 14% over the closing mid-market price on 1 October 2008, and £5 605 000 of new convertible preference shares at par.
Shareholder approval is required to effect the proposed
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