ViaLogy places shares at steep discount

ViaLogy, a service provider to global oil and gas exploration and production companies, has boosted its working capital after raising funds through a placing of 100m shares.

ViaLogy, a service provider to global oil and gas exploration and production companies, has boosted its working capital after raising funds through a placing of 100m shares.

The company has raised £1.05m after the shares were placed with existing and new investors at 1.05p each, a 0.45p discount to the mid-market closing price on the day before the placing announcement..

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