Source - Alliance News

Intuitive Investments Group PLC - Manchester, England-based life sciences and technology investor - Raises £1.6 million through issue of 1.3 million new shares at £1.20 per share. Proceeds will be invested in portfolio company Hui10 Inc to accelerate the rollout of its products and services in China. Non-Executive Director Malcolm Gillies subscribes for 33,380 of the new shares. He now has 178,568 shares, a 0.09% stake.

Current stock price: 118.00 pence for £244.2 million market capitalisation in London

12-month change: down 7.5%

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