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LSE Code: MXC
MGC Pharma set to become the first medicinal cannabis company to list on the London Stock Exchange
£6.5m (~A$12m) placement completed, led by UK institutional funds
Key Highlights:
· MGC Pharma is set to become the first medicinal cannabis related company to be admitted to the main market of the London Stock Exchange (LSE) through a standard listing, which is now scheduled to take place on Tuesday, 9 February 2021
· MGC Pharma has secured binding commitments to raise £6.5 million (~A$12m), before costs, through a share placement to coincide with the Company s imminent LSE listing
· Strategic placement to substantial UK institutional funds led by Premier Miton and Chelverton Asset Management, with high net worth family office and professional investor clients of London equity broker Turner Pope Investments Limited (Turner Pope)
LSE Code: MXC MGC Pharma set to become the first medicinal cannabis company to list on the London Stock Exchange £6.5m (~A$12m) placement completed, led by UK institutional funds Key Highlights : · MGC Pharma is set to become the first medicinal cannabis related company to be admitted to the main market of the London Stock Exchange ( LSE ) through a standard listing, which is now scheduled to take place on Tuesday, 9 February 2021 · MGC Pharma has secured binding commitments to raise £6.5 million (~A$12m), before costs, through a share placement to coincide with the Company s imminent LSE listing · Strategic placement to substantial UK institutional funds led by Premier Miton and Chelverton Asset Management, with high net worth family office and professional investor clients of London equity broker Turner Pope Investments Limited (