MHA Plc Announces First Day of Dealings on AIM
Why we think this is neutral
This RNS announcement is a general update on MHA Plc's admission to trading on the AIM market. It does not contain any specific financial or operational updates that would warrant a more positive or negative sentiment score.
Key Points
- MHA Plc's entire issued ordinary share capital has been admitted to trading on AIM
- The Company raised approximately £98 million through a placing and retail offer
- The net proceeds will be used for technology investment, loan note repayment, and acquisition opportunities
Summary
The professional services provider MHA Plc has announced its admission to trading on the AIM market, raising £98 million in the process.
MHA Plc, a leading professional services provider of audit and assurance, tax, accountancy and advisory services, has announced the admission of its entire issued ordinary share capital to trading on AIM. In conjunction with the Admission, the Company has successfully raised aggregate gross proceeds of approximately £98 million by way of a placing and a retail offer. The net proceeds will be used to invest in technology, repay loan notes, and support further acquisition opportunities.
GENERAL UPDATE