Source - SMW
Arden Partners has raised £5.1m, gross, through a successful placing  of 12,750,000 new ordinary shares at 40p apiece -  a premium of approximately 1.3% to the closing price on 9 June.

It said the placing shares would represent approximately 39.6% of the enlarged issued share capital.

Completion of the placing is subject to shareholder approval, 

At 9:20am: (LON:ARDN) Arden Partners PLC share price was 0p at 39.5p