Vindon may look for more cash from market - Vindon Healthcare news

Mar 28: Vindon may look for more cash from market

Plans to expand AIM-listed medical storage specialist Vindon Healthcare of Oldham may require a call on shareholders for more cash this year. Announcing healthy profit growth to £982,000 on £3.8m at the AGM in Manchester on Monday, chairman Liam Ferguson told shareholders that the business hasn’t ruled out a fundraising to finance the new premises in Milnrow and expansion to Ireland: “We haven’t made a decision to raise more capital in the market. We could borrow, but it would also make sense to get a broader shareholder base before the summer.”

Posted by David Cummins in Vindon Healthcare Comments: (0) Trackbacks: (0)

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