Acambis shareholders approve placing to raise 40 million pounds

Date : 05/20/2008 @ 6:38AM
Source : TFN
Stock : Acambis (ACM)
Quote : 188.0  -0.5 (-0.27%) @ 3:05AM
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Acambis shareholders approve placing to raise 40 million pounds

        LONDON (Thomson Financial) - UK vaccine manufacturer Acambis Plc. said
shareholders have approved its placing to raise about 40 million pounds at an
EGM held on Tuesday.
    The company said admission of the new shares to trading on the LSE is
expected to become effective on Wednesday.
    On April 23, Acambis said it intends to raise about 40 million pounds, net
of expenses, through an underwritten placing and open offer of about 37.715
million shares at 115 pence per share.
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