By Laura Lutz
Des Moines, Nov. 1 - Byotrol plc closed a private placement of shares for £5.004 million.
The company sold 8.34 million ordinary shares at 60p each.
Charles Stanley Securities acted as agent for the deal.
Proceeds will be used for business opportunities in the health care, food processing and industrial and technical markets.
Byotrol is an antimicrobial technology company based in Manchester, England.
| Issuer: | Byotrol plc
|
| Issue: | Ordinary shares
|
| Amount: | £5.004 million
|
| Shares: | 8.34 million
|
| Price: | 60p
|
| Warrants: | No
|
| Agent: | Charles Stanley Securities
|
| Settlement date: | Nov. 1
|
| Stock symbol: | London: BYOT
|
| Stock price: | 72.5p at close Oct. 31
|
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