Science in Sport PLC - London-based performance nutrition product company - Plans to raise £8.0 million via a placing at 17 pence per share. Notes the placing of 47 million shares represents just under 26% of the company’s issued share capital. Science in Sport says certain directors will subscribe for just over £1.0 million worth shares as part of the placing. Panmure Liberum is acting as nominated adviser, broker and sole bookrunner in connection with the placing. Further, the company plans to raise £500,000 via retail offer at the same price. This will be undertaken via the Winterflood retail access platform.

Current stock price: 17.50 pence

12-month change: up 35%

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