£25.7m Placing and separate Rex Offer – Avacta Group

Peel Hunt acted as Joint Bookrunner and Joint Broker on a conditional placing of a total of 51,269,609 new Ordinary Shares in Avacta Group plc (with a simultaneous separate Rex Offer) at an issue price of 50 pence per Placing share to raise gross proceeds of c.£25.7 million, as announced on 29th February, 2024.

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