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Thursday, 29 March 2018

Polarean Imaging PLC (LON:POLX) begins first day of trading on AIM: Proactive Investors Stocktube

Published on 29 Mar 2018
Polarean Imaging PLC (LON:POLX) chief executive Richard Hullihen dropped into the Proactive studio as the medtech firm kicked off its first day of trading on AIM. 

The company raised gross proceeds of £3mln via the placing of 20mln ordinary shares at a price of 15p - representing 27.3% of the company’s share capital. 

Hullihen says the point of coming to the market was specifically to raise the cash for their upcoming Phase III trials for their drug-device technology.

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/new-and-recent-issues/new-recent-issue-details.html?issueId=9315

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