Rotala to raise £2.15m

21st Oct 2009 08:12

Acquisitive transport group Rotala is planning to raise around £2.15m to fund the continued organic growth and strategic development of the group.Rotala said will raise the cash through a placing of 5.77m new shares at 40p each.The price represents a discount of 15.79% to the closing mid-market price of 47.5p on 20 October.