Silence Therapeutics PLC (SLN.L) Wednesday announced a placing raising approximately 19 million pounds through the issue of up to 9.51 million shares by way of a placing to certain investors at the price of 4 pence per share, which is the pre-consolidation price. The placing price represents a discount of 9.6 percent to the mid-market price of 4.425 pence on April 9.
The company said it proposed to undertake a share consolidation of 1 new share of 5 pence each in nominal value for every 50 existing shares of 0.1 pence each in nominal value, thus making the post consolidation price 200 pence per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.