LONDON, UK: Tekmar Group (AIM: TGP), a leading provider of technology and services for the global offshore energy markets, announced a conditional placing via an accelerated bookbuild of new ordinary shares of 1p each in the capital of the company.
The placing will be conducted at a price of 45 pence per share to raise no less than approximately £4 million. The placing will comprise the issue of no less than 8.9 million new ordinary shares representing no less than 17.2 per cent of the existing issued ordinary share capital of the company.