A price range of between 150p and 170p has been set for Recycling Technologies Group. The PrimaryBid offer is due to close on 2 December and the final pricing will be announced on 9 December with dealings likely to commence on AIM one week later.
Recycling Technologies Group wants to raise up to £40m, so the potential market capitalisation will be between £102m and £111m. The offer could be increased by up to 15% if there is sufficient demand. There could also be existing shares offered.
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