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LONDON (Thomson Financial) - Conister Trust PLC said it has raised 7.1 mln
stg by placing 8.34 mln shares at 85 pence each.
It said it will use the proceeds to fund the development costs of the
prepaid card business, new banking initiatives and to strengthen the balance
sheet.
Conister Trust said Helvetica Strategic Holdings will own 8.34 mln shares,
representing 16.54 pct of its issued share capital
LONDON (Thomson Financial) - Conister Trust PLC said it has raised 7.1 mln
stg by placing 8.34 mln shares at 85 pence each.
It said it will use the proceeds to fund the development costs of the
prepaid card business, new banking initiatives and to strengthen the balance
sheet.
Conister Trust said Helvetica Strategic Holdings will own 8.34 mln shares,
representing 16.54 pct of its issued share capital