The Jelf Group has announced successful ..
The Jelf Group has announced successful Placing and Admission to the Alternative Investment Market (...
The Jelf Group has announced successful Placing and Admission to the Alternative Investment Market (AIM). It has raised £2.5m gross through a placing of 3,086,420 ordinary shares at 81p, valuing the Jelf Group at £10.8m. Shares began trading on 21 October on AIM. The directors intend to use the net proceeds of the placing to acquire healthcare and insurance intermediaries and to provide additional working capital to enhance organic growth of the Group.
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