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Financial Services

Valereum is raising £100,000 in retail offer

Valereum PLC (AQSE:VLRM) is launching a WRAP Retail Offer, to raise up to £100,000, selling new shares at a price of 3.1p, via the Winterflood Retail Access Platform.

The price matches that paid by the chairman and CEO in a £400,000 share subscription completed earlier this month.

The offer is open to existing retail shareholders in the United Kingdom through participating intermediaries, with a minimum subscription of £250. It will close at 4:30 pm on Wednesday, 13 August.