Further to our recent announcement regarding the proposed Subscription on 16 September 2025, the Company announces that the Subscription has now closed and the Company will proceed with the issuance of 4,323,400 new ordinary shares at a price of 21.5p per share pursuant to the Firm Tranche, raising gross proceeds of £929,531.
Read the full announcement here.
Commenting on the subscription, Chairman, Ian Dighé, said: “We are grateful to our shareholders for their support. Pennant is at a very exciting point with the increasing adoption of Auxilium and the pipeline of potential training contracts. We all look forward to delivering on the Group’s undoubted potential.”
