TruSpine Technologies PLC - London Gatwick Airport-based medical device company - Raises GBP290,740 through the issue of 19.4 million shares priced at 1.5 pence each. Also approves an unsecured convertible loan note valued up to GBP1.5 million

Non-executive Chair Geoff Miller says: "I am delighted to announce that we have completed this second step towards a new future for TruSpine, the first being the changes to the board announced last week. On Friday we will take a further step forward by providing all shareholders with an opportunity to meet with the board at the previously announced AGM. I look forward to updating shareholders."

Current stock price: 0.50 pence

12-month change: down 45%

By Sophie Rose, Alliance News senior reporter

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