Source - Alliance News

Peel Hunt Ltd - London-based broker and investment bank - Set to raise up to £4.5 million in an equity offer led by Augmentum Fintech PLC. Peel Hunt says the amount includes a £500,000 raise announced last month. It says £3.1 million of the raise already has been completed, with most of the remainder awaiting only regulatory approval. Peel Hunt won’t take part in the raise, so its stake in RetailBook Holdings Ltd will fall below 50%, in line with its plan for RetailBook to be an independently owned and managed ‘industry utility’. RetailBook gives retail investors access to new share issues by London-listed companies.

Current stock price: 76.84 pence, up 4.5% in London on Monday

12-month change: down 41%

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