ClearStream aims to raise €4.4m in share placing

ClearStream Technologies, the Wexford medical devices firm that is quoted on the Alternative Investment Market, is raising stg£3 million (€4.4 million) in a share placing.

18th February, 2006

ClearStream Technologies, the Wexford medical devices firm that is quoted on the Alternative Investment Market, is raising stg£3 million (€4.4 million) in a share placing.

The company will hold an extraordinary general meeting on March 6 to approve the placing of 6.12 million shares on AIM at stg49p each. ClearStream floated on AIM in November 2004 at stg79p a share, raising €6 million after costs.

However, it had to return to investors late last year...

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