jonwig - do you know how many new shares were placed, and at what price, to fund the proposed acquisition of Altrix
"On 20th December, and in line with the Company's strategy, the boards of
Concateno and Altrix announced that they had reached agreement on the terms of
recommended cash offers for the entire issued and to be issued share capital of
Altrix at 80.6 pence in cash for each Altrix Share, valuing the issued and to be issued ordinary share capital of Altrix at £11 million. To fund the
acquisition, Concateno has raised approximately £9.5 million by way of an
oversubscribed underwritten placing of new Concateno shares with institutional
and other investors."
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