20th Apr 2014

Issue of Equity and Total Voting Rights

Redhall Group plc has announced that it has raised £7.5 million through an institutional share placing, subject to approval by Shareholders.

The approval was given at Redhall’s General Meeting and the Placing Shares were admitted to trading on 28th March 2014.

Redhall’s Chief Executive, Richard Shuttleworth, said:

“We are delighted by the success of this fundraising for Redhall and for the support of our investors and Shareholders. With the benefit of this funding Redhall is now in a strengthened position to deliver future growth.  We are seeing a number of opportunities in our niche target markets of manufacturing and specialised contracting and are looking forward to developing the business and to deliver on our strategy.”

View the regulatory announcement here.

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