Hardman & Co: Funding for the Future now secure

Following on from Wednesday's announcement of the tie-up with Future Lifestyle Fashions Ltd (FLFL), part of The Future Group, Koovs has announced that its offer of new shares has closed early and has been oversubscribed: 70m new shares at 15p, raising £10.5m gross, plus an additional £1.5m investment from the Chairman. With the capital now committed and the partners in position, Koovs now has a very strong platform on which to build India's leading fashion e-tailer.

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http://hardmanandco.com/docs/default-source/company-docs/koovs-plc-documents/06.07.18-funding-for-the-future-now-secure.pdf

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