Gable to raise up to £10.7m through share placing
Non-life European insurer Gable Holdings intends to raise up to £10.7m through a placing of up to 17 690 001 new ordinary shares and a subscription of 1 764 544 new ordinary shares both at 0.25p a piece.
Gable intends to use the net proceeds of the placing to increase the group's available solvency capital.
William Dewsall, chief executive, said: "This is Gable's first funding round since floating on
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