Electric Word raises £1.3m via share offer

Electric Word, which provides training services for the education, healthcare and sport sectors, reported a decline in half year adjusted pre-tax profit as it announced plans to raise £1.3m through a share placing.

Electric Word, which provides training services for the education, healthcare and sport sectors, reported a decline in half year adjusted pre-tax profit as it announced plans to raise £1.3m through a share placing.

It announced a placing of 88.3m ordinary shares at 1.5p per share to raise gross proceeds of £1.3m and an open offer to raise up to £0.5m.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.