Cirata (LSE:CRTA), the data analytics software company, has completed a placing and subscription raising £5.9m, with a further retail offer open through the RetailBook platform targeting up to approximately £0.38m, bringing the potential total to around £6.3m.
All tranches are priced at the same issue price, though the specific level was disclosed in the accompanying launch announcement rather than this result notice.
Director and senior management participation is broad: Non-Executive Chairman Kenneth Lever, CEO Stephen Kelly, Non-Executive Directors Sarah Rolls, Amanda Jobbins, Eric Collins and Christopher Baker, as well as senior employees Paul Scott-Murphy and Dominic Arcari, all took part in the fundraising.
The retail offer is expected to close at 8.00 a.m. on 29 June, after which Cirata will announce the final result and confirm total proceeds.
