LightwaveRF plans to raise approximately £1.3m through the placing of shares

Writer, Stock Market Wire
Friday, August 16, 2019 - 08:37

LightwaveRF announced plans to raise approximately £1.3m through the placing of shares.

The company issued 15,806,811 new shares to new and existing investors at 7 pence per share, raising £1.1m and raised a minimum of approximately £0.2m through the conditional placing of a minimum of 2,764,617 shares to existing investors at 7p a share, raising £0.2m

At 8:37am: (LON:LWRF) LightwaveRF Plc share price was -0.63p at 7.25p


Related content

LightwaveRF third quarter revenue rises 67%

Smart home solutions provider LightwaveRF said its revenue rose 67% in the third quarter of its financial year, putting it on track to more than...

Mon, 15/07/2019 - 14:09


LightwaveRF losses widen as investment costs offer surge in revenue

LightwaveRF reported wider first-half losses as a ramp up in investments increased costs and offset a surge in revenues .

For the six months ended...

Mon, 03/06/2019 - 08:42


LightwaveRF looks to build on ad campaign success with further roll out

LightwaveRF, a smart home solutions provider, said Monday its first digital advertising campaign had delivered a 'significant' increase in Lightwave brand awareness, interest in the...

Mon, 11/02/2019 - 07:36


LightwaveRF's sales, marketing improvements support sharp rise in Q1 sales

Smart home solutions provider LightwaveRF said fiscal first quarter sales more than doubled supported by improvements to its sales and marketing strategies.

Revenue increased...

Fri, 04/01/2019 - 07:24


LightwaveRF losses widen as revenue slips, costs swell

Smart home solutions provider LightwaveRF said annual losses widened from a year earlier as revenue declined and costs swelled amid a ramp up in spending....

Tue, 11/12/2018 - 08:49