BioCentury
ARTICLE | Financial News

Silence proposes L19M placing

April 12, 2013 11:54 PM UTC

Silence Therapeutics plc (LSE:SLN) proposed to raise up to L19 million ($29.2 million) through the sale of up to 9.5 million shares at 200p in a placing. All figures reflect a 1-for-50 reverse stock split, which the company expects to implement prior to the offering. The split and offering are subject to shareholder approval at an April 29 general meeting. ...