Brady advances funding initiatives to support working capital requirements

Proactive – The risk management software firm is aiming to secure £1.5mln in order to support its operations until 30 November Brady PLC (LON:BRY) has said it is advancing funding initiatives to secure around £1.5mln in order to meet its working capital requirements and support operations until 30 November. The risk management software firm also said it intended to pursue financing options for its strategic product plan, which is estimated to cost up to £15mln and intended to enhance its execution fundamentals and expand its market reach. In late-afternoon trading, Brady shares were 13.4% lower at 20.8p.

Continue reading Brady advances funding initiatives to support working capital requirements. This article appeared first on CTRM Center.

Source: CTRM Center

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