Epistem to raise 4.3m pounds via placing

Epistem, a biotechnology and personalised medicine company is to raise 4.3m pounds before expenses through a placing of approximately 793.4m shares at 545p a share.

Epistem, a biotechnology and personalised medicine company is to raise 4.3m pounds before expenses through a placing of approximately 793.4m shares at 545p a share.

The new ordinary shares, which represent 8.9% of Epistem's issued share capital have been conditionally placed with existing and new institutional investors at a 4% discount to the closing mid-market price on December 6th. They'll hit the market on December 13th.

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