FSDEA Participates in Pensana Capital Raise

Posted on 06/18/2021


Pensana plc raised £15 million in gross proceeds through the issue of an aggregate of 12,500,000 new ordinary shares of £0.001 each in the capital of Pensana at a price of 120 pence per share. The fundraise comprises of: a placing by SI Capital Ltd; a placing by WH Ireland Limited; the participation of the Chairman of Pensana, Paul Atherley, in the SI Capital Placing for £600,000; investment by Fundo Soberano de Angola (FSDEA), Pensana’s largest shareholder for 1,250,000 ordinary shares representing 10% of the fundraise; and certain direct subscriptions, all at the placing price.

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