Real Good Food £1m share offer overscubscribed
Troubled food ingredients firm Real Good Food has raised £1m in a new share issue, which it said was oversubscribed
Last month it launched plans for an open offer, saying the proceeds would be used to provide future working capital for the Liverpool firm.
Today Real Good Food confirmed it has raised gross proceeds of £1m, which it said "was heavily oversubscribed".
It intended to raise the cash through the issue of 20,115,190 ordinary shares.
The open offer closed for acceptances at 11am yesterday, and the company said i... For the full story register now for free or login below...