NEW! Investment Companies Centre
Virgin Credit Card:
£6.64m
0.000p ()
95.00p
Date: Wednesday 19 Dec 2007
LONDON (ShareCast) - Snack and chilled drink vending machines operator SnackTime raised £3m when it floated on AIM this morning.
The group placed just over 2m shares at a price of 144p each, valuing the business at about £10m, and said it will use the proceeds to fund the growth for the business.
“The funds raised will enable SnackTime to continue to roll out our business model and make considerable inroads into our current order backlog,” said chief executive Blair Jenkins.
“We look forward to the coming year with confidence,” he added.
Arbuthnot Securities is acting as nominated adviser and broker.
| Currency | UK Pounds |
| Share Price | 95.00p |
| Closing Price Change | 0.000p |
| 52 Week High | 147.50 |
| 52 Week Low | 87.50 |
| Volume | 0 |
| Shares Issued | 6.99m |
| Market Cap | £6.64m |
| Beta | 0.07 |
| Value |
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| Price Chg 6m |
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| Strong Buy | 1 |
| Buy | 0 |
| Neutral | 0 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 1 |

| No dividends found |
| CEO | Blair Jenkins |
| Finance Director | Julia Brand |