Business and people search

Smoke alarm firm Sprue Aegis plans £8m fundraising to support AIM move

Duncan Tift
Duncan Tift
Deputy Editor, West Midlands

COVENTRY-based smoke alarm supplier Sprue Aegis has revealed further details about an £8m fundraising ahead of its proposed move to the Alternative Investment Market (AIM).The company, one of Europe's leading home safety products suppliers, intends to raise approximately the funding by way of a new share placing. The fundraising will be used to provide additional working capital to support sales growth across its markets, particularly in France and to fund product development.The net proceeds of the placing receivable by the ... for the full story register now for free or login below...

Login to Read this Story

Latest Business News

TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954