When Irish oil and gas explorer Providence Resources decided it needed new funds it found no shortage of institutional investors willing to pay a premium price for its shares.
The company placed 13.15m new shares at 480p per share, a 5% premium on the pre-placing closing price, raising £63.1m.
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Review: Eden Roc Cap Cana – fun, sun and golf in the CaribbeanTravel Eden Roc Cap Cana in the Dominican Republic offers everything from relaxing by the pool to a world-class golf course
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Reeves delays cash ISA reform, but savers are not out of the woods yetThe chancellor has reportedly delayed plans to cut the cash ISA limit, which were set to be announced at Mansion House on 15 July, and will take more time to consult with the industry
