ReNeuron Group plans share reduction

ReNeuron Group has launched a capital reorganisation what will reduce the number of shares in the company by a factor of 100, whilst increasing the trading price of each share.

The company said the move would create a capital structure more conducive to attracting new institutional investors, in the UK and abroad.

It will need to be approved at a shareholder meeting planned for January 23.

At 8:08am: (LON:RENE) ReNeuron Group PLC share price was 0p at 1.83p