Rosslyn Data Technologies (RDT)

Sector:

IT Services

Index:

FTSE AIM All-Share

 5.10p
   
  • Change Today:
      0.000p
  • 52 Week High: 16.75
  • 52 Week Low: 4.60
  • Currency: UK Pounds
  • Shares Issued: 73.99m
  • Volume: 7,500
  • Market Cap: £3.77m
  • RiskGrade: 197

Rosslyn raises £0.25m through retail offer

By Josh White

Date: Friday 11 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Rosslyn Data Technologies announced on Friday that it had successfully raised £0.25m through an oversubscribed retail offer, issuing five million shares at 5p each.

The AIM-traded cloud-based enterprise data analytics provider said it gave allocation preference to existing shareholders.

It explained that the retail offer complemented a broader fundraising initiative, which included the issue of 32.72 million placing shares and 13.33 million conversion shares, all conditional on the approval of resolutions at a general meeting on 25 October.

A total of 68.7 million new shares would be admitted to trading on AIM, expected on 28 October.

That would include the newly-issued shares from the placing, retail offer, and conversion, as well as shares issued following the company's capital reorganisation.

Additionally, the firm said non-executive chairman James Appleby had indicated his intention to subscribe for 5.28 million new shares at the issue price, contributing £0.26m, following the publication of the company's 2024 results.

A separate application would be made for those shares to be listed on AIM.

At 1330 BST, shares in Rosslyn Data Technologies were down 5.91% at 6.02p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RDT Market Data

Currency UK Pounds
Share Price 5.10p
Change Today 0.000p
% Change 0.00 %
52 Week High 16.75
52 Week Low 4.60
Volume 7,500
Shares Issued 73.99m
Market Cap £3.77m
RiskGrade 197

RDT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.98% below the market average27.98% below the market average27.98% below the market average27.98% below the market average27.98% below the market average
16.88% below the sector average16.88% below the sector average16.88% below the sector average16.88% below the sector average16.88% below the sector average
Price Trend
93.13% below the market average93.13% below the market average93.13% below the market average93.13% below the market average93.13% below the market average
97.65% below the sector average97.65% below the sector average97.65% below the sector average97.65% below the sector average97.65% below the sector average
Income Not Available
Growth
42.33% below the market average42.33% below the market average42.33% below the market average42.33% below the market average42.33% below the market average
49.37% below the sector average49.37% below the sector average49.37% below the sector average49.37% below the sector average49.37% below the sector average

RDT Dividends

No dividends found

Trades for 10-Feb-2025

Time Volume / Share Price
08:14 7,500 @ 5.00p

RDT Key Personnel

Chair James Appleby
CEO Paul Watts

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