Last Thursday was impact day for Bolton-based electronic point of sale equipment manufacturer Riva Plc, which is coming to the Unlisted Securities Market via a placing valuing it at UKP13.2m; Lloyds Merchant Bank is placing three million shares, 25% of the enlarged share capital, at the top end of the UKP1.00 to UKP1.10 price bracket […]
Last Thursday was impact day for Bolton-based electronic point of sale equipment manufacturer Riva Plc, which is coming to the Unlisted Securities Market via a placing valuing it at UKP13.2m; Lloyds Merchant Bank is placing three million shares, 25% of the enlarged share capital, at the top end of the UKP1.00 to UKP1.10 price bracket suggested last week (CI No 1,032), half of these raise new money for the company, the rest are being sold by existing shareholders.
