BioCentury
ARTICLE | Financial News

Oxford BioMedica raises L21.6 million

June 17, 2014 12:43 AM UTC

Oxford BioMedica plc (LSE:OXB) raised L21.6 million ($36.7 million) through the sale of 1.1 billion shares at 2p in a placing and open offer. The price is a 3% premium to the company's close of 1.95p on May 28, before Oxford proposed to raise up to L25.7 million in the offering. Charles Stanley & Co. Ltd. is Oxford's sponsor, WG Partners LLP is the company's financial advisor and bookrunner and Roth Capital Partners is the U.S. placing agent. ...