Subscription and Placing of 32,796,594 new Ordinary Shares to raise approximately £2.5 million
Byotrol, the developer of anti microbial hygiene technologies, today announces that it has conditionally raised £2.46 million before expenses, by the placing (the "Placing") for cash by finnCap, acting as agent for the Company, of 31,709,927 new ordinary shares of 0.25 pence each ("Ordinary Shares") (the "Placing Shares") at 7.5 pence per Placing Share (the "Issue Price") and the subscription (the "Subscription") of 1,086,667 new Ordinary Shares (the "Subscription Shares") at the Issue Price.
