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Polarean Imaging welcomes new institutional investor in £2.1mln raise

Polarean Imaging PLC's (LON:POLX) chief executive Richard Hullihen chats to Proactive London's Andrew Scott following the announcement they've raised £2.1mln through a share placing.

He says the objective was to strengthen the company’s balance sheet and to support phase III clinical trials and product launch planning.

Quick facts: Polarean Imaging PLC

Price: 24.01 GBX

AIM:POLX
Market: AIM
Market Cap: £27.48 m
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Polarean Imaging PLC begins first day of trading on AIM

Polarean Imaging PLC (LON:POLX) chief executive Richard Hullihen dropped into the Proactive studio as the medtech firm kicked off its first day of trading on AIM. The company raised gross proceeds of £3mln via the placing of 20mln ordinary shares at a price of 15p - representing 27.3% of...

on 30/3/18

2 min read