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Chamberlin raises £3.5m, carries on with cost-cutting programme

Published by Iain Gilbert on 26th March 2021

(Sharecast News) - Castings and engineering group Chamberlin said on Friday that it has conditionally raised approximately £3.5m thanks to a placing of 40.83m new ordinary shares at a price of 6.0p per share with both institutional and other investors and a subscription for 17.5m new ordinary shares at the placing price by non-executive director Trevor Brown.

URL: http://www.digitallook.com/dl/news/story/31736813/...

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