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THRU

-3.70%
BAD

Thruvision Group Raises £250,000 Through Discounted Retail Offer

Why we think this is bad

The significantly discounted 29% raise is a very negative sign, indicating low appetite for the company's shares and potentially a last resort funding measure. This suggests the market is not confident in Thruvision Group's prospects.

Key Points

  • Thruvision Group plc is raising up to £250,000 through a retail offer
  • The offer price of 1p per share represents a 29% discount to the previous closing price
  • The raise is part of a broader capital raising exercise, including a £2.125 million placing and a £375,340 subscription by directors and employees
  • The purpose of the raise is not clearly specified

Summary

The security technology company is raising £250,000 through a retail offer at a 29% discount to the previous share price, a concerning sign for investors.

Thruvision Group plc is raising up to £250,000 through a retail offer at a price of 1p per share, representing a 29% discount to the previous closing price of 1.399999976158142p. This raise is part of a broader capital raising exercise, including a £2.125 million placing and a £375,340 subscription by directors and employees. The purpose of the raise is not clearly specified, making it difficult to assess the strategic rationale. As a micro-cap company, the large discount to the previous share price is particularly concerning and could indicate deeper underlying issues.

Key Dates

28 July 2025
General Meeting to approve the capital raising
30 July 2025
Admission of Placing Shares and WRAP Retail Offer Shares to trading on AIM
PLACING