iTouch raises £4m through share placing

iTouch, the mobile services group that is 48% owned by Independent News & Media, has raised £4m sterling (€5.7m) through a discounted share placing.

iTouch raises £4m through share placing
Mon, 15 Dec, 2003 - 09:12

iTouch, the mobile services group that is 48% owned by Independent News & Media, has raised £4m sterling (€5.7m) through a discounted share placing.

The company placed the 14.5 million shares with institutional shareholders at a placing price of 27p (39c) per share.

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