JD Wetherspoon Raises GBP94 Million In Placing At Top Of Price Range Wed, 20th Jan 2021 08:37 (Alliance News) - JD Wetherspoon PLC said Wednesday it raised almost GBP94 million in a share placing, the top end of the range it had announced after the London market close on Tuesday. Wetherspoon said the fresh cash will help the pub chain weather the storm brought about by stringent UK lockdown restrictions. Wetherspoon had proposed raising between GBP92.1 million and GBP93.7 million through the issue of around 8.4 million placing shares at a price between 1,100 pence and 1,120p per placing share. The FTSE 250 stock closed up 4.1% at 1,183.00p on Tuesday and was up 3.6% early Wednesday at 1,225.00p, giving the company a GBP1.4 billion market capitalisation.