May 3, 2018 / 6:58 AM / 20 days ago

BRIEF-Charles Taylor Says To Raise 17.6 Mln Stg Via Placing

May 3 (Reuters) - Charles Taylor PLC:

* ANNOUNCES A PLACING OF UP TO 6.8 MILLION NEW ORDINARY SHARES OF 1 PENNY EACH IN CAPITAL OF COMPANY

* PLACING REPRESENTS ABOUT 9.75% OF CURRENT ISSUED SHARE CAPITAL OF COMPANY RAISING GROSS PROCEEDS OF UP TO APPROXIMATELY £17.6 MILLION

* BOOKBUILD WILL OPEN WITH IMMEDIATE EFFECT FOLLOWING THIS ANNOUNCEMENT. Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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