Source - SMW
Be Heard has raised £2.2m, gross, through a conditional placing of 78,000,000 shares at 2.8p apiece and £4.0m  through the proposed issue of convertible loan notes.

The placing - which represents approximately 9.6% of the company's existing ordinary share capital - is conditional on shareholder approval on 27 Nov.

Executive chairman Peter Scott said: 'I am delighted to announce this placing, which supports the proposed acquisition of The Corner, an award-winning, integrated creative agency working with leading brands.

'Be Heard's fifth acquisition is an important step forward. We are building a digital marketing services group for the connected world - to help brands and marketers meet today's challenges across the customer journey.'

At 9:22am: (LON:BHRD) Be Heard Group PLC share price was -0.03p at 2.85p