(Alliance News) - Oberon Investments Group PLC on Tuesday said it has raised a further GBP75,000 through a retail share offer, adding to a GBP2.5 million share placement.

Oberon Investments is an investment management, wealth planning and corporate broking group

The company said it has raised GBP75,000 via the Winterflood Retail Access Platform. For this, it has issued 2.1 million shares priced at 3.6 pence each.

It shares were untraded at 3.5 pence on Tuesday afternoon.

Earlier in September, Oberon said it had raised an additional GBP2.5 million via a conditional placing of 69.4 million shares at the same price.

At the time, it said proceeds would be used to support expansion of the company's key business divisions, and the expected appointment of new revenue generating teams to speed up growth across Oberon.

By Sophie Rose, Alliance News reporter

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