Placing to raise £2.15 million

6 May 2015 | Tekcapital
Placing to raise £2.15 million
Abstract: The Board of Tekcapital (AIM: TEK), an international provider of technology and intellectual property services, is pleased to announce that the Company has raised gross proceeds of £2.15 million, by way of a placing (the “Placing”) of a total of 10,750,000 new ordinary shares of 0.4p each at a price of 20 pence per share. The Placing, which was conducted by Allenby Capital Limited and Optiva Securities Limited, was oversubscribed.
(UK) Chris Lane, FTI Consulting LLP: Tel. +44 (0) 207 269 7276
About Tekcapital – The World’s Largest University Network for Open Innovation
Tekcapital helps clients profit from new, university-developed intellectual properties.
With our proprietary discovery search engine, linked to 4,000+ universities in 160 countries, coupled with expert scientific review, we provide a turn-key service to make it easy for clients to find and acquire the IP they need to create a competitive advantage.

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