Capital Raise (including Placing) – Koovs

Peel Hunt acted as NOMAD, Corporate Broker and sole book runner to Koovs plc on its placing of new shares with existing and new institutional investors (as part of a wider Capital Raise) to raise gross proceeds of £21.9 million through the issue of 87.6 m New Ordinary Shares at a price of 25 pence per Ordinary Share, as announced on 29th April, 2016.