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BRIEF-IP Group raises about 55.1 mln stg from share placement
May 14, 2015 / 3:11 PM / 3 years ago

BRIEF-IP Group raises about 55.1 mln stg from share placement

May 14 (Reuters) - Ip Group Plc

* Total of 26,500,000 new ordinary shares in company have been placed by Numis Securities Limited

* Raised total gross proceeds of approximately £55.1m

* Placing shares will upon issue represent approximately 4.9 percent of IP Group’s existing issued ordinary share capital prior to placing Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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