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Begbies Traynor Group detailed plans to raise gross proceeds of up to £8.3m through the placing of shares at a discount to fund acquisition opportunities.
The company plans to place up to 11,041,440 shares at a price of 75p a share, a discount of about 3.8% to the closing mid-market price of 78p a share on 25 July 2019.
At 8:07am: (LON:BEG) Begbies Traynor Group PLC share price was -1.5p at 76.5p