Chairman’s Update on the ‘Open Offer’ – Extended to 15 November

To date, circa £10.4m has been committed under the Open Offer and a pre-IPO placing, including £2.4m from subscribers other than Danir AB.

The sum of £2.4m is slightly below the targeted £3m. It has become apparent that there are shareholders who were not aware of the Offer and some who wished to subscribe but missed the subscription deadline, as well as in some cases problem (delays) with international transfers…

Please read the full letter which can be viewed/downloaded HERE