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BRIEF-Caretech Holdings proposes placing to raise up to £39 mln
March 22, 2017 / 6:02 PM / 6 months ago

BRIEF-Caretech Holdings proposes placing to raise up to £39 mln

March 22 (Reuters) - Caretech Holdings Plc:

* Announces placing of up to 11,000,000 new ordinary shares, representing about 17.1 per cent

* Placing to raise up to about £39 million, before expenses, at a price of 355 pence per share

* Net proceeds will be used to fund Co’s current acquisition pipeline, organic growth projects Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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