Strip Tinning Holdings PLC - Supplier of specialist connection systems to the automotive sector - Raises gross proceeds of £106,150 pursuant to its retail offer from existing retail shareholders. A total of 265,375 new ordinary shares will be issued at 40.0 pence per share. A total of 2.8 million new shares will be issued, pursuant to the placing and retail offer, raising gross proceeds of £5.1 million.

Current stock price: untraded at 44.50 pence

12-month change: down 32%

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