By Josh White
Date: Tuesday 02 Jan 2024
LONDON (ShareCast) - (Sharecast News) - Genedrive confirmed a planned £0.6m drawdown as part of its £5m equity prepayment facility on Tuesday, which it initially disclosed on 31 March 2023.
The AIM-traded firm said that as a result, investors would be issued 3,093,915 warrants, representing 40% of the drawdown's value divided by the reference price of 7.7572p.
It said the warrants would have an exercise price of 140% of the reference price, equating to 10.86p.
At 1336 GMT, shares in Genedrive were down 0.92% at 8.05p.
Reporting by Josh White for Sharecast.com.
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Currency | UK Pounds |
Share Price | 0.58p |
Change Today | 0.18p |
% Change | 45.00 % |
52 Week High | 2.75 |
52 Week Low | 0.23 |
Volume | 373,169,512 |
Shares Issued | 1,024.90m |
Market Cap | £5.94m |
RiskGrade | 747 |
Value |
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Price Trend |
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Income | ![]() |
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Growth |
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No dividends found |
Time | Volume / Share Price |
16:14 | 10,000,000 @ 0.65p |
17:06 | 153,920 @ 0.58p |
16:40 | 1,445,895 @ 0.58p |
16:40 | 382 @ 0.58p |
16:40 | 45,513 @ 0.58p |
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