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Tekcapital PLC raises £0.75mln to help with commercialisation of its portfolio

Tekcapital PLC's (LON:TEK) Clifford Gross tells Proactive London they've raised £0.75mln from institutional shareholders to help with the commercialisation of its portfolio of technological intellectual property.

Investors bought 9.4mln new shares at a price of 8p apiece in the placing, with the new shares representing roughly 14.7% of its enlarged shares in issue.

Quick facts: Tekcapital PLC

Price: 10.52 GBX

LSE:TEK
Market: LSE
Market Cap: £9.77 m
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