Pure Wafer Raises Pounds 2m to Help It Ride Out the Recession ; Successful Shares Issue Shows Faith in Firm's Future

Summary


TECHNOLOGY firm Pure Wafer has been given a cash boost after revealing it raised nearly pounds 2m through a new shares issue.

The company said it raised pounds 1.99m through the issue of the shares, with pounds 1.16m coming from an open offer of 100million shares and pounds 830,000 coming from shares bought by the directors.

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Pure Wafer Raises Pounds 2m to Help It Ride Out the Recession ; Successful Shares Issue Shows Faith in Firm's Future

The open offer has been supported by a number of existing shareholders including the non-executive directors - Eurfyl ap Gwilym, Paul Dolan ...

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