Polarean Imaging PLC begins first day of trading on AIM

By Andrew Scott / March 29, 2018 / www.proactiveinvestors.co.uk / Article Link

Polarean Imaging PLC (LON:POLX) chief executive Richard Hullihen dropped into the Proactive studio as the medtech firm kicked off its first day of trading on AIM.

The company raised gross proceeds of ?3mln via the placing of 20mln ordinary shares at a price of 15p - representing 27.3% of the company's share capital.

Hullihen says the point of coming to the market was specifically to raise the cash for their upcoming Phase III trials for their drug-device technology.

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