EIG vehicle exits Harbour Energy with £112m placing

Impact · against what's priced in

Harbour Energy faces short-term downward pressure following a complete exit by a major institutional investor. Ilika's capital raise provides a positive growth catalyst by funding product commercialization.

IKA+0.30

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In context

The company is raising approximately £5.06 million through retail and institutional placements specifically to drive the commercialization of its products.

Read from the article alone

• energy▲3%
• oil
• HBR
• IKA
• accelerated bookbuild
• gas
• institutional investors
• share sale
• small cap